oil | Business Post Nigeria

Oil Trades Mixed as OPEC+ Meeting Ends in Deadlock

July 3, 2021

By Adedapo Adesanya The Organisation of the Petroleum Exporting Countries and allies (OPEC+) postponed its meeting to decide the return of more barrels to

Economy

Oil Falls as OPEC+ Mulls Raising Supply

June 23, 2021

Adedapo Adesanya

By Adedapo Adesanya Crude oil prices settled slightly lower on Tuesday as the Organisation of the Petroleum Exporting Countries and its allies (OPEC+) discussed

Economy

Iran Supply Fears Soften Oil After Hitting Two-Year Peak

June 8, 2021

Adedapo Adesanya

By Adedapo Adesanya Oil pulled back after hitting fresh multi-year highs of $72.27 per barrel on Monday, its highest since May 2019, as investors

Economy

Oil Nears $70 Ahead of OPEC+ Supply Curb Meeting

June 1, 2021

Adedapo Adesanya

By Adedapo Adesanya Oil prices continued to move closer to the $70 per barrel mark as the market anticipates the Organisation of the Petroleum

Economy

Oil Drops to Three Week Low on Rising Supply Fears

May 20, 2021

Adedapo Adesanya

By Adedapo Adesanya Oil prices traded at their lowest in three weeks dropping 3 per cent, impacted by the growing concern of supply from

Economy

Oil Drops on Rising COVID-19 Cases in India

May 7, 2021

Adedapo Adesanya

By Adedapo Adesanya Oil prices went southwards by 1 per cent on Thursday, May 6 as rising COVID-19 infections in India renewed concerns on the impact of

Economy

Oil Improves on Better Chinese Data, Vaccination Efforts

May 4, 2021

Adedapo Adesanya

By Adedapo Adesanya Oil rose on Monday as the market tapped into the positive Chinese economic figures and higher vaccination rates in the United

Economy

Oil Dips on Fears Over Surging Cases in India, Japan

April 27, 2021

Adedapo Adesanya

By Adedapo Adesanya Oil prices dropped on Monday, April 26 as the Organization of the Petroleum Exporting Countries and its allies (OPEC+) raised concerns

Economy