Brent Nears $80 on Positive Economic Data, Rate Cut Hopes
Adedapo Adesanya By Adedapo Adesanya Brent crude neared the $80 per barrel territory on Friday, helped by positive economic data…
Oil prices
US Job Data, Middle East Tensions Buoy Oil Prices
By Adedapo Adesanya Oil prices settled higher on Thursday for the third consecutive session, with support from US…
Oil Market Rebounds on US Stockpiles Draw Amid China Demand Woes
By Adedapo Adesanya The oil market gained more than 2 per cent on Wednesday, bouncing back from multi-month…
Oil Prices Rise Amid Expected Iran Attack on Israel
By Adedapo Adesanya Oil prices settled higher on Tuesday, breaking a three-session declining streak as investor attention turned…
Oil Market Drops Amid Wider Global Equities Selloff
By Adedapo Adesanya The oil market dropped on Monday as a beating gripped the global stock markets, with…
Brent, WTI Drop on Weak US Jobs Data, China Economic Woes
By Adedapo Adesanya The prices of oil grades fell on Friday, settling at their lowest since January after…
Major Crude Oil Grades Lose 2% on Middle East Crisis, Demand Concerns
By Adedapo Adesanya The major crude oil grades in the market, Brent and the US West Texas Intermediate…
Oil Market Jumps on Heightened Middle East Tension, Drop in US Stockpiles
By Adedapo Adesanya The oil market rose by nearly 3 per cent on Wednesday as investors worried that…
Oil Prices Down as China Depresses Market
By Adedapo Adesanya Oil prices slid further to a seven-week low on Tuesday as investors worried that demand…
Oil Slides on Faltering Chinese Demand, Gaza Ceasefire
By Adedapo Adesanya Oil fell by $1 on Friday, finishing the week lower on declining Chinese demand and…