Oil Drops on Profit Taking Amid Tighter US Crude Supplies
Adedapo Adesanya By Adedapo Adesanya The oil market finished lower on Wednesday as investors took profits following earlier gains on…
Oil prices
Crude Prices Rise on Expected Chinese Economic Support
By Adedapo Adesanya Crude prices climbed higher on Tuesday after China said it would act to support economic…
Oil Market Jumps on Demand Data from IEA, OPEC
By Adedapo Adesanya The oil market appreciated on Thursday to its highest level in nearly three months after…
Oil Rises as Inflation Data Cools Rate Hike Worries
By Adedapo Adesanya Oil settled higher on Wednesday, with benchmark Brent futures reaching $80 a barrel for the…
Possible US Rate Hikes Weaken Oil Prices
By Adedapo Adesanya Oil prices eased on Monday on the increasing likelihood of more US interest rate hikes,…
Oil Market Jumps Amid Supply Concerns
By Adedapo Adesanya The crude oil market climbed about 3 per cent to close Friday’s trading session on…
Oil Stable Amid Tighter Supply, Rate Hike Worries
By Adedapo Adesanya Oil was almost flat on Thursday as the market weighed tighter US crude supplies with…
Oil Prices Drop Despite Fresh Supply Cuts
By Adedapo Adesanya Oil prices went down by 1 per cent on Monday as worries about a slowing…
Oil Prices Soar Despite Chinese Economic Worries
By Adedapo Adesanya Oil prices settled higher on Friday, with Brent crude futures growing by 56 cents or…
Oil Rises Amid Tight Supply, Rate Hike Worries
By Adedapo Adesanya Oil closed higher on Thursday, supported by a bigger draw than expected in crude inventories…