oil | Business Post Nigeria

Crude Oil Drops on Possible Ceasefire, US Refinery Shutdown

February 2, 2024

By Adedapo Adesanya Crude oil depreciated on Thursday as the market got wind of a possible ceasefire between Israel and Hamas and after a

Economy

US Economic Growth, Chinese Stimulus, Middle East Concerns Boost Oil

January 27, 2024

Adedapo Adesanya

By Adedapo Adesanya Oil appreciated on Friday as positive US economic growth and signs of Chinese stimulus boosted demand expectations, while Middle East supply

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

Economy

Oil Trades Mixed on Impact of US Weather, Chinese Demand Woes

January 18, 2024

Adedapo Adesanya

By Adedapo Adesanya Crude oil benchmark prices were mixed on Wednesday as weather disrupted production in United States while worrying economic growth in China

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

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

Economy

Oil Market Grows Further as Red Sea Trade Route Worry Heightens

December 20, 2023

Adedapo Adesanya

By Adedapo Adesanya The oil market rose further on Tuesday, extending the previous session’s gains after attacks by Yemen’s Iran-aligned Houthi militants on ships

Economy

Oil Jumps 2% on Fresh Red Sea Supply Disruption Worries

December 19, 2023

Adedapo Adesanya

By Adedapo Adesanya Oil rose nearly 2 per cent on Monday as investors worried about supply disruptions after the Iran-aligned Yemeni Houthi militant group

Economy

Brent Soars to $77 on Weaker Dollar, Positive Oil Demand Signal

December 15, 2023

Adedapo Adesanya

By Adedapo Adesanya Brent crude rose by 4 per cent or $3.00 on Thursday to trade at $77.26 per barrel following a weaker Dollar

Economy

Oil Jumps on US Crude Inventories Drop, Red Sea Attack

December 14, 2023

Adedapo Adesanya

By Adedapo Adesanya Oil appreciated on Wednesday following a bigger-than-expected weekly withdrawal from US crude stockpiles and on worries about the security of Middle

oil - Page 2

Crude Oil Drops on Possible Ceasefire, US Refinery Shutdown

US Economic Growth, Chinese Stimulus, Middle East Concerns Boost Oil

Oil Falls Amid Middle East Tensions, Disruption Concerns

Oil Trades Mixed on Impact of US Weather, Chinese Demand Woes

Crude Oil Rises as US Moves to Ease Middle East Tensions

Oil Slides on Low Fuel Demand Despite Crude Inventory Draw

Oil Market Grows Further as Red Sea Trade Route Worry Heightens

Oil Jumps 2% on Fresh Red Sea Supply Disruption Worries

Brent Soars to $77 on Weaker Dollar, Positive Oil Demand Signal

Oil Jumps on US Crude Inventories Drop, Red Sea Attack

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