By Adedapo Adesanya Oil edged higher on Monday as investors weighed Russia’s plans to cut crude production and short-term demand concerns ahead of US inflation data....
By Adedapo Adesanya The oil market settled lower on Friday as indications of strong Russian oil supply offset better-than-expected economic growth data in the United States....
By Adedapo Adesanya Prices of crude oil were up on Friday, closing a week marked by worries about Chinese demand and haggling over a Western price...
By Adedapo Adesanya The European Union (EU) reached an agreement late Monday to ban 90 per cent of Russian oil by the end of the year....
By Adedapo Adesanya Brent crude hit $121.70 per barrel on Monday after rising by $2.24 or 1.88 per cent as traders turned their attention to whether...
By Adedapo Adesanya The phased-out plans by the European Union (EU) to ban Russian energy is an indicator that it is stepping up efforts to wean...
By Adedapo Adesanya Brent crude soared to $110.18 per barrel on Wednesday after rising by 5.21 or 4.96 per cent as details on the plans by...
By Adedapo Adesanya The crude oil market appreciated on Thursday by 2 per cent as Germany seems to have dropped its opposition to European countries banning...
By Adedapo Adesanya The Organisation of the Petroleum Exporting Countries (OPEC) has told the European Union (EU) that replacing Russian crude oil lost by an unprecedented...
By Adedapo Adesanya The Brent took a worse turn as uncertainty remained about the expected sanction on Russian energy, losing 0.5 per cent or 49 cents...