Economy Oil Prices Surge on OPEC, IEA Demand Rebound Forecast December 15, 2022 Adedapo Adesanya By Adedapo Adesanya Oil prices rose more than $2 on Wednesday after the Organisation of the Petroleum Exporting Countries (OPEC) and the International Energy Read More
Economy Brent Crude Rises to $80 on Slowing US Inflation December 14, 2022 Adedapo Adesanya By Adedapo Adesanya Brent crude appreciated by $2.69 or 3.5 per cent, its biggest daily gains, to settle at $80.68 per barrel on Tuesday Read More
Economy Oil Trades Mixed on Weaker Dollar, China COVID-19 Curbs December 2, 2022 Adedapo Adesanya By Adedapo Adesanya The crude oil market traded mixed on Thursday, retreating from an early rally built on weakness in the US Dollar and Read More
Economy Oil Mixed on Continued Worries for China COVID-19 Situation November 30, 2022 Adedapo Adesanya By Adedapo Adesanya The crude oil grades were mixed yet again on Tuesday on expectations of a loosening of China’s strict COVID-19 controls, with Read More
Economy Brent Falls, WTI Rises on China Protests, OPEC+ Cut Rumours November 29, 2022 Adedapo Adesanya By Adedapo Adesanya Global oil benchmarks ended mixed as they pulled back from their lowest levels in nearly a year on Monday, with Brent Read More
Economy Oil Market Slides 4% on Russian Price Cap Talks November 24, 2022 Adedapo Adesanya By Adedapo Adesanya The oil market fell more than 4 per cent on Wednesday, with Brent futures falling by $3.47 or 3.9 per cent Read More
Economy Oil Drops on Continued Weak Demand, Interest Rate Hike Outlook November 19, 2022 Adedapo Adesanya By Adedapo Adesanya Oil dropped on Friday due to further concerns about weakened demand in China and further increases in interest rates in the Read More
Economy Resumption of Hungary Oil Pipeline, China Worries Crash Prices November 17, 2022 Adedapo Adesanya By Adedapo Adesanya Prices of the crude oil grades slipped on Wednesday after Russian oil shipments via the Druzhba pipeline to Hungary restarted, and Read More
Economy Oil Market Jumps 2% as China Relaxes COVID-19 Curbs November 12, 2022 Adedapo Adesanya By Adedapo Adesanya The crude oil market settled higher on Friday but fell week-on-week after health authorities in China eased some of the country’s Read More
Economy Oil Falls on COVID-19 Worries, US Crude Inventory Build November 10, 2022 Adedapo Adesanya By Adedapo Adesanya Oil sank by more than $2 a barrel on Wednesday after industry data showed that crude stockpiles in the United States Read More