By Adedapo Adesanya Oil settled higher on Tuesday after China posted weak but expectation-beating annual economic growth data. Brent crude futures grew by $1.46 or 1.7...
By Adedapo Adesanya Oil fell for a second straight session on Thursday as a result of an uncertain demand outlook with COVID-19 infections spreading in the...
By Adedapo Adesanya The average price of basic food staples like rice, tomato, and beans, among others, increased in November, confirming assumptions that Nigerians are seeing...
By Adedapo Adesanya Oil fell by around $1 a barrel as the impact of tighter crude stocks due to a winter storm in the United States...
By Adedapo Adesanya The prices of the two major crude oil benchmarks rose by more than $2 on Wednesday after data showed a larger-than-expected draw in...
By Adedapo Adesanya The oil market went south for the first time this week on Thursday as traders worried about the fuel demand outlook due to...
By Adedapo Adesanya Oil prices rose more than $2 on Wednesday after the Organisation of the Petroleum Exporting Countries (OPEC) and the International Energy Agency (IEA)...
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 after data...
By Adedapo Adesanya The crude oil market traded mixed on Thursday, retreating from an early rally built on weakness in the US Dollar and hopes for...
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 Brent declining...
