By Adedapo Adesanya The oil market closed lower on Friday after the United States imposed new Iran-related sanctions, marking a diplomatic approach that raised the possibility...
By Adedapo Adesanya The price of the Brent crude fell by 17 cents or 0.3 per cent to $66.87 a barrel on Tuesday as the market...
By Adedapo Adesanya Oil prices depreciated on Wednesday after data showed a surprisingly large build in gasoline (petrol) and diesel inventories in the United States. The...
By Adedapo Adesanya The crude oil market was down on Friday as traders expected the Organisation of the Petroleum Exporting Countries and its allies (OPEC+) would...
By Adedapo Adesanya Oil prices settled 1 per cent lower on Tuesday as investors worried about a supply glut after Iranian and US delegations made progress...
By Adedapo Adesanya Crude oil went down on Thursday as investors weighed a report that the Organisation of the Petroleum Exporting Countries and its allies (OPEC+)...
By Adedapo Adesanya Oil prices rose on Thursday as investors weighed a weaker US Dollar as potential troubles may emanate from planned output increase by the...
By Adedapo Adesanya Reduced crude oil exports by Nigeria were one of the major reasons why the Organization of the Petroleum Exporting Countries (OPEC) recorded a...
By Adedapo Adesanya The Organisation of the Petroleum Exporting Countries and its allies (OPEC+) will likely stick to its existing deal to cut oil output at...
By Adedapo Adesanya Oil prices dropped on Monday after conflicting reports emerged that the Organisation of the Petroleum Exporting Countries (OPEC) is not considering a half-million...
