Browsing: Crude Oil

Lokpobiri to Drive Africa Oil, Gas Digital Transformation Discuss in Lagos The Ministry of Petroleum Resources says it is hosting…

Market Wrap: Oil Dips over US Election Fear, Chinese Weak Growth Oil prices declined close to 0.2% lower week-on-week due…

The market prices of crude oil jumped to two-month high on Wednesday amidst strong demand expectation in the US following sharp inventories decline.

Oil markets started the week on an optimistic upswing due to the decreasing value of the US dollar against other currencies, which fell by 0.33% to 105.52,

Brent crude price dropped below $78 per barrel in the global commodity market as oil market faces pressure from weak demand outlook. Oil prices continue to come

Oil prices declined on Thursday amid ongoing uncertainties over the timing of the US Federal Reserve’s (Fed) interest rate cut, which fuelled demand concerns

Oil prices declined on Thursday after the minutes of the US Federal Reserve’s (Fed) recent meeting revealed the transition to low inflation may take longer than

Oil prices increased on Thursday, aided by data showing elevated demand appetite in the US and China, the world’s biggest oil consumers. Brent crude price

Crude oil prices declined on expected demand slowdown in the United States with growing hopes for a cease-fire agreement between Israel and Hama.

The oil market came under pressure, with ICE Brent settling 1.23% lower on the day at US$88.40 per barrel. The geopolitical risk premium continues to fade as