Economy Oil Surges 5% as Weaker Dollar Stokes Investors Appetite August 24, 2021 Adedapo Adesanya By Adedapo Adesanya Oil prices staged a comeback, rising by about 5 per cent on Monday, recovering from a seven-day losing streak with gains Read More
Economy Oil Sinks Lower to $66 on Dampening Demand Expectations August 20, 2021 Adedapo Adesanya By Adedapo Adesanya Oil dropped to $66 a barrel on Thursday, its lowest since May, pressured by concerns about weaker demand as COVID-19 cases Read More
Economy Apprehension as Oil Trades $67 on Poor Demand Outlook August 19, 2021 Adedapo Adesanya By Adedapo Adesanya Oil prices weakened further by more than 2 per cent on Wednesday, compounding more worries for the global market due to Read More
Economy Oil Drops Below $70 as China Faces New COVID-19 Outbreak August 10, 2021 Adedapo Adesanya By Adedapo Adesanya The price of crude oil dropped below $70 per barrel on Monday as the international oil market got a shock after Read More
Economy Oil Tanks as COVID-19 Resurgence Spurs Demand Worries August 7, 2021 Adedapo Adesanya By Adedapo Adesanya Oil prices returned to the bearish territory on Friday, recording their deepest weekly losses in months on worries that travel restrictions Read More
Economy Oil Rises 1% as Middle East Tension Builds August 6, 2021 Adedapo Adesanya By Adedapo Adesanya Oil prices rose more than one per cent on Thursday as increasing Middle East tension pushed the market into bullish territory. Read More
Economy Oil Stretches Fall as Delta Variant Cases Surge in China August 4, 2021 Adedapo Adesanya By Adedapo Adesanya Oil prices further moved downwards on Tuesday as a surge in the number of Delta variant coronavirus cases in China signalled Read More
Economy Oil Slides 3% as Weak Economic Data, Higher Supply Grip Market August 3, 2021 Adedapo Adesanya By Adedapo Adesanya Oil dipped more than 3 per cent on Monday as the market was faced with weak economic data from China and Read More
Economy Oil Records Fourth Monthly Gain over Swelling Demand July 31, 2021 Adedapo Adesanya By Adedapo Adesanya Oil prices edged higher on Friday, with the global crude benchmark, Brent, posting a fourth monthly gain as demand is seen Read More
Economy Oil Trades $76 on Demand Optimism, Shrinking US Crude Stockpiles July 30, 2021 Adedapo Adesanya By Adedapo Adesanya Oil prices rose on Thursday, with the global crude benchmark, Brent, trading at $76.05 per barrel after it gained $1.41 or Read More