Oil Prices Fall as Hurricane Laura Makes Landfall
Adedapo Adesanya By Adedapo Adesanya Oil futures in the international market fell on Thursday, August 27 as there were expectations…
Oil prices
Storm-Induced Supply Cut Drives Oil Prices to Five-Month High
By Adedapo Adesanya Crude oil prices rose to a five-month high on Tuesday as the United States producers…
Oil Prices Bearish Tuesday Ahead of OPEC Committee Meeting
By Adedapo Adesanya Oil prices were bearish on Tuesday as demand fears from the coronavirus took over supportive…
Demand Forecasts, Rise in Supply Depress Oil Prices
By Adedapo Adesanya The oil market was bearish on Friday as prices headed south on the back of…
Unfavourable IEA Forecast Pulls Down Oil Prices
By Adedapo Adesanya Crude prices fell on Thursday as new data showed that world oil demand will fall…
Oil Prices Bearish as US Stimulus Agreement Slows
By Adedapo Adesanya It was bearish for crude futures on Tuesday as expectations of economic stimulus to support…
Chinese Data, US Stimulus Talks Support Oil Monday
By Adedapo Adesanya Chinese factory data, rising energy demand and hopes for an agreement in the United States…
Weakened Dollar, Drop in US Inventories Lift Oil Prices
By Adedapo Adesanya Oil futures rose to their highest levels in five months on Wednesday after a large…
Positive Economic Data Lifts Oil Despite Oversupply Scare
By Adedapo Adesanya Oil prices rose on Monday, beating worries about oversupply as positive economic data from Europe,…
Oil Prices Drop Over Concerns of Demand Recovery
By Adedapo Adesanya Oil prices fell on Tuesday amid concerns that the recent surge in coronavirus cases in…