Tag: Crude Oil

Oil prices fell on Tuesday as traders worried about rising supplies, with Brent crude futures falling $1.03 or 1.2% to $85.58 a barrel and US West Texas Intermediate (WTI) crude ...

On Friday, oil prices fell to more than three-week lows. This came after strong US job data raised concerns about rising interest rates, even as investors sought more information about ...

On Thursday, crude oil fell about 1% as fears of a US recession outweighed hopes that China's lifting of COVID-19 curbs would boost demand for crude in the world's top ...

A former General Manager, Shipping and Terminal Operations, Crude Oil Marketing Division of the Nigerian National Petroleum Corporation, Kon Bob-Manuel, has said that the inability of Nigerian vessels to comply ...

Crude oil continued its year-long slide, falling as much as 5% on Wednesday, weighed down by demand concerns stemming from the state of the global economy and rising COVID cases ...

On Monday, the crude oil market rose as optimism about China relaxing its COVID-19 restrictions outweighed concerns about a global recession weighing on energy demand. Brent crude rose 76 cents ...

On Thursday, the crude oil market fell for a fifth session as concerns that global economic slowdowns would reduce fuel demand outweighed disruptions. Brent crude fell 1.3% or $1.02 to ...

Nigeria's position as Africa's largest oil producer has deteriorated, with the country now ranking third in the continent. Nigeria has long been the continent's leading oil producer. Entrepreneurng reported in ...

Crude oil rose nearly 3% on Wednesday, boosted by record crude exports from the world's largest oil producer, the United States. Crude exports increased to 5.1 million barrels per day, ...

Oil prices rose more than 1% on Thursday, remaining at three-week highs, after a deal to cut production targets by 2 million barrels per day, the largest reduction since 2020, ...