By Adedapo Adesanya Oil climbed by about 2 per cent on Friday on expectations that additional sanctions on Russia and Iran could tighten supplies and that...
By Adedapo Adesanya Crude oil prices went up on Wednesday after the European Union (EU) agreed to an additional round of sanctions threatening Russian oil flows...
By Adedapo Adesanya Oil prices rose on Tuesday, influenced by increasing demand in China, the world’s largest buyer, as well as developments in Europe and Syria,...
By Adedapo Adesanya Crude oil fell on Thursday as investors weighed the supply outlook after the Organisation of the Petroleum Exporting Countries and its allies (OPEC+)...
By Adedapo Adesanya Oil prices fell by nearly 2 per cent on Wednesday as investors awaited an imminent decision on production cuts by the Organisation of...
By Adedapo Adesanya Oil soared more than 2 per cent on Tuesday as Israel threatened to attack Lebanon if the ceasefire deal with Hezbollah collapses while...
By Adedapo Adesanya The oil market was mixed on Monday amid hopes of stronger demand backed by higher factory activity in China as concerns emerged that...
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 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 There are worries about possible shortages as the Nigerian government’s plan to sell crude priced in the local currency is faltering. In July,...