Economy Oil Prices Ease 2% as Shippers Ignore Red Sea Tensions December 28, 2023 Adedapo Adesanya By Adedapo Adesanya Oil prices dropped nearly 2 per cent on Wednesday as the market resumed fully with investors monitoring developments in the Red Read More
Economy Reduced Geopolitical Risk, OPEC+ Meeting Speculations Weaken Oil Prices November 25, 2023 Adedapo Adesanya By Adedapo Adesanya Oil prices fell on Friday as the release of some hostages in Gaza reduced the geopolitical risk premium and indicated that Read More
Economy Oil Prices Slide 2% on Sluggish European Data Trigger October 25, 2023 Adedapo Adesanya By Adedapo Adesanya Oil prices fell by 2 per cent on Tuesday, for the third straight session, after slow economic data from Europe weighed Read More
Economy Oil Prices Down Amid Profit-Taking September 20, 2023 Adedapo Adesanya By Adedapo Adesanya After three sessions of gains that followed extended production cuts from Saudi Arabia and Russia, oil prices fell on Tuesday as Read More
Economy Oil Prices Fall on Fresh Energy Demand Worries June 7, 2023 Adedapo Adesanya By Adedapo Adesanya Oil prices fell on Tuesday on new worries that sluggish global economic growth could reduce energy demand. Brent futures fell by Read More
Economy OPEC Weak Demand Signal Sinks Oil Prices April 14, 2023 Adedapo Adesanya By Adedapo Adesanya Oil prices fell on Thursday as the Organisation of the Petroleum Exporting Countries (OPEC) signalled demand worries, causing Brent crude to Read More
Economy Demand Fears, Return of Supply in Libya, Kazakhstan Pull Down Oil Prices January 11, 2022 Adedapo Adesanya By Adedapo Adesanya Oil prices fell on Monday as concerns about demand were stoked by the rapid global rise in Omicron coronavirus infections and Read More
Economy Oil Prices Fall Ahead of Crucial OPEC+ Meeting March 2, 2021 Adedapo Adesanya By Adedapo Adesanya Oil prices plunged on Monday ahead of a key meeting of the Organisation of the Petroleum Exporting Countries and its allies Read More
Economy Oil Prices Fall Amid Inadequate US Crude Inventories Drop September 24, 2020 Adedapo Adesanya By Adedapo Adesanya Oil prices fell on Wednesday as data indicated that crude inventories in the United States fell lesser than what was expected Read More
Economy Oil Falls After US, China Sign Trade Deal January 16, 2020 Adedapo Adesanya By Adedapo Adesanya Prices of oil declined on Wednesday as American President Donald Trump and Chinese Vice Premier Liu He signed an initial trade Read More