Economy Oil Falls Amid Middle East Tensions, Disruption Concerns January 20, 2024 Adedapo Adesanya By Adedapo Adesanya Oil settled slightly lower on Friday but recorded a weekly gain as Middle East tensions and disruptions to crude output offset Read More
Economy Oil Trades Lower on Rise in Dollar, Ease in Weather Disruption January 17, 2024 Adedapo Adesanya By Adedapo Adesanya Oil closed lower on Tuesday as cooling expectations of interest rate cuts pushed the Dollar up while worries about weather disruption Read More
Economy Prices Ease on Limited Impact to Crude Oil Output January 16, 2024 Adedapo Adesanya By Adedapo Adesanya Prices weakened slightly on Monday as the Middle East conflict’s limited impact on crude oil output, with Brent losing 14 cents Read More
Economy Middle East Crisis, Libya Supply Disruption Boost Oil Prices January 10, 2024 Adedapo Adesanya By Adedapo Adesanya Oil prices climbed on Tuesday as the Middle East crisis and a Libyan supply outage boosted the outcome, with Brent crude Read More
Economy Oil Market Slumps as Saudi Arabia Cuts Crude Selling Price January 9, 2024 Adedapo Adesanya By Adedapo Adesanya The oil market fell by about 4 per cent on Monday on sharp price cuts by Saudi Arabia and a rise Read More
Economy Crude Oil Rises as US Moves to Ease Middle East Tensions January 6, 2024 Adedapo Adesanya By Adedapo Adesanya Crude oil prices rose on Friday as the United States took a different approach to contain regional tensions as the Israel-Hamas Read More
Economy Oil Slides on Low Fuel Demand Despite Crude Inventory Draw January 5, 2024 Adedapo Adesanya By Adedapo Adesanya Oil settled lower on Thursday even as there was a larger-than-expected crude stock draw in the world’s largest oil producer, the Read More
Economy Oil Prices Jump on Libyan Oilfield Supply Disruption January 4, 2024 Adedapo Adesanya By Adedapo Adesanya Oil prices climbed higher by about 3 per cent on Wednesday after a disruption at Libya’s top oilfield added to fears Read More
Economy Crude Oil Prices Drop 20% in 2023 December 30, 2023 Adedapo Adesanya By Adedapo Adesanya The price of Brent and West Texas Intermediate Crude futures rose slightly on Friday by 12 cents and 16 cents apiece Read More
Economy Crude Oil Market Slides on Easing Supply Disruption Worries December 29, 2023 Adedapo Adesanya By Adedapo Adesanya The crude oil market fell further by 3 per cent on Thursday as more shipping companies said they were ready to Read More