oil | Business Post Nigeria

Oil Bullish on Investors Confidence Amid Surging COVID Cases

July 27, 2021

By Adedapo Adesanya Oil prices opened the week stronger as investors continued to bet on tight supply and rising vaccination rates and overlooking surging

Economy

Oil Gains 3% Despite Surprise Rise in US Crude Inventories

July 22, 2021

Adedapo Adesanya

By Adedapo Adesanya Oil prices appreciated by 3 per cent on Wednesday as improved risk appetite provided support despite data showing an unexpected rise

Economy

Oil Tumbles by $5 on OPEC+ Decision, Delta Variant Spread

July 20, 2021

Adedapo Adesanya

By Adedapo Adesanya Oil prices lost more than $5 a barrel on Monday, closing out its worst day since March, with the Brent declining

Economy

Oil Extends Loss as Supply Pressure Grips Market

July 17, 2021

Adedapo Adesanya

By Adedapo Adesanya Oil prices fell on Friday, extending losses from the previous two sessions, recording the biggest weekly drop since March after expectations

Economy

Oil Plunges 2% as Saudi, UAE Yet to Reach Supply Deal

July 15, 2021

Adedapo Adesanya

By Adedapo Adesanya Oil prices dropped more than 2 per cent on Wednesday as reports said Saudi Arabia and the United Arab Emirates (UAE)

Economy

Oil Rises 1% as IEA Expects OPEC+ Rift to Tighten Market

July 14, 2021

Adedapo Adesanya

By Adedapo Adesanya Prices of crude oil jumped more than one per cent on Tuesday after the International Energy Agency (IEA) said the market

Economy

Crude Slides as COVID-19 Resurgence Threatens Demand

July 13, 2021

Adedapo Adesanya

By Adedapo Adesanya Oil dipped on Monday as the market grappled with COVID-19 resurgence in several regions amid slowing economic growth in China. This

Economy