By Adedapo Adesanya The crude oil market closed lower on Friday, extending pressures from the week due to easing concerns over supply risks from the Israel-Hezbollah...
By Adedapo Adesanya Oil prices slid marginally on Wednesday, fuelled by a build in US petroleum stocks and worries about US interest rate cuts next year,...
By Adedapo Adesanya Oil prices settled lower on Tuesday after Israel agreed to a ceasefire deal with Lebanon, reducing oil’s risk premium, with Brent crude futures...
By Adedapo Adesanya Crude oil prices dropped 3 per cent a barrel on Monday after Israel and Lebanon reportedly agreed to the terms of a deal...
By Adedapo Adesanya Crude oil prices climbed about 1 per cent on Friday as the intensifying war in Ukraine this week boosted the market’s geopolitical risk...
By Adedapo Adesanya Crude oil prices increased by about 2 per cent on Thursday as tensions between Russia and Ukraine continued to heighten as the countries...
By Adedapo Adesanya Oil prices trended south on Wednesday as investors weighed the intensifying war between Russia and Ukraine, and a rise in crude stocks in...
By Adedapo Adesanya The latest downward review of demand growth forecast by the Organisation of the Petroleum Exporting Countries (OPEC), a stronger US Dollar, and disappointment...
By Adedapo Adesanya Oil prices dropped more than 2 per cent on Friday as traders overlooked supply disruptions from a hurricane in the US Gulf of...
By Adedapo Adesanya Crude oil went up nearly one per cent on Thursday as the market considered how US President-elect Donald Trump’s policies would affect supplies....