Economy Oil Closes 2% Higher Ahead Crucial OPEC+ Meeting June 3, 2023 Adedapo Adesanya By Adedapo Adesanya Oil rose over 2 per cent on Friday after the United States Congress passed a debt ceiling deal that averted a Read More
Economy Oil Market Plunges 4% on Fresh US Debt Pact Fears May 31, 2023 Adedapo Adesanya By Adedapo Adesanya The oil market fell more than 4 per cent on Tuesday on fresh concerns about whether the US Congress will pass Read More
Economy Oil Rises on Positive US Debt Deal Signals May 27, 2023 Adedapo Adesanya By Adedapo Adesanya Oil ticked up on Friday as officials in the United States appeared close to striking a debt ceiling deal before a Read More
Economy Slide in US Crude Stockpiles Lift Oil Prices May 25, 2023 Adedapo Adesanya By Adedapo Adesanya Oil prices rose 2 per cent on Wednesday after a large unexpected drawdown in crude inventories in the United States, the Read More
Economy Crude Oil Prices Rise Amid Tight Gasoline Market, Possible Output Cut May 24, 2023 Adedapo Adesanya By Adedapo Adesanya Crude oil prices rose on Tuesday on forecasts of a tighter gasoline market and a warning from the Saudi energy minister Read More
Economy Oil Jumps as Supplies Shrink in Canada, OPEC+ May 23, 2023 Adedapo Adesanya By Adedapo Adesanya Oil edged up 1 per cent on Monday as forecasts for oil showed that demand would rise in the second half Read More
Economy Oil Slides as Chinese, US Data Offset Demand Pull May 17, 2023 Adedapo Adesanya By Adedapo Adesanya Oil on Tuesday as weaker-than-expected economic data in China and the United States offset a forecast of higher global demand from Read More
Economy Oil Depreciates Amid US, Chinese Economic Worries May 13, 2023 Adedapo Adesanya By Adedapo Adesanya Oil depreciated on Friday, falling for the third consecutive week, as the market balanced supply fears against renewed economic concerns in Read More
Economy Crude Oil Tumbles on Continued US Debt Uncertainty May 12, 2023 Adedapo Adesanya By Adedapo Adesanya Crude oil depreciated to a one-week low on Thursday as a political standoff over the debt ceiling in the United States Read More
Economy Oil Plunges Further as US Central Bank Raises Interest Rates May 4, 2023 Adedapo Adesanya By Adedapo Adesanya Oil fell by 4 per cent on Wednesday, extending steep losses from the previous sessions after the US Federal Reserve raised Read More