By Adedapo Adesanya Oil prices depreciated on Friday as worries about large supplies and declining demand outweighed expectations that the year’s first interest-rate cut by the...
By Adedapo Adesanya Prices of the crude oil grades were down on Thursday as traders remained worried about the US economic outlook a day after the country’s...
By Adedapo Adesanya Oil was down on Wednesday as the US Federal Reserve cut interest rates as expected, while data showed an increase in US diesel...
By Adedapo Adesanya Crude prices were up on Tuesday as traders weighed the possibility that Russian supplies may be disrupted by Ukrainian drone attacks on its...
By Adedapo Adesanya The two major crude oil grades appreciated on Monday as investors assessed the impact of Ukrainian drone attacks on Russian refineries and of...
By Adedapo Adesanya The oil market slid by about 2 per cent on Thursday amid concerns over possible softening of US demand and broad oversupply. Brent...
By Adedapo Adesanya Crude oil was up on Monday after the Organisation of the Petroleum Exporting Countries and its allies (OPEC+) opted for a modest output...
By Adedapo Adesanya Oil prices were down by about 2 per cent on Friday as a weak US jobs report dimmed the outlook for energy demand,...
By Adedapo Adesanya The oil market eased by about 1 per cent on Thursday on a surprise build in US crude inventories last week and expectations...
By Adedapo Adesanya Oil prices closed higher by more than 1 per cent on Tuesday after the US imposed sanctions targeting Iran’s oil revenue stream while...