Browsing: oIL

Prices of crude oil decline over rising U.S dollar. The global commodity market trading bearish ahead of US Federal Reserve (Fed) Chairman Jerome Powell speech. The U.S Fed chair is scheduled to speak on the economic outlook after inflation surge triggered caution markets temperature. Strong dollar has raised energy costs for major importers –China, US and India amidst geopolitical tensions.

Oil prices recover from downturn in the global commodities market on Wednesday as demand and supply uncertainties linger ahead inflation data in the United States.

Oil Prices Up as Market Expects Iran Export to Slow Oil prices saw a weekly gain due to U.S election…

Oil slides in the global commodities market on during early trading hours on Friday amidst U.S Fed rates cut, and supply threat

Prices of crude oil declined on Wednesday as markets await the official results of the United States (U.S) election. 

Oil prices increase further ahead of the U.S. election. Prices of crude oil have advanced in the global commodities market

Oil prices are trading stronger during early hours on Monday with price of Brent up by about 1.5% following the Organisation of Exporting Countries ….

7 Vessels to Arrive Lagos with Petroleum Products – NPA The Nigerian Ports Authority (NPA) said that seven ships would…

Oil prices rose on Friday following reports that Iran is preparing to attack Israel from Iraqi territory in the coming days. The lingering uncertainties due to geopolitical tensions keep increasing supply risks, though there is also downside to global demand due to Chinese lower imports.

Prices of crude oil climbed on Thursday as economic activity in China began to pick up.  The international oil benchmark….