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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 ...
It is no longer news that oil-rich Saudi Arabia reported its first budget surplus in nearly ten years on December 8, 2022, due to increased revenue boosted by higher oil ...
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 ...
Brent crude fell below $80 per barrel on Tuesday, falling 4% or $3.33 to $79.35 per barrel as investors fled the volatile oil market in an uncertain economy. In addition, ...
Oil prices rose more than $2 per barrel on Wednesday, owing to signs of tighter supply, a weaker US dollar, and optimism about a Chinese demand recovery. Brent crude traded ...
Crude oil prices rose on Friday, capping a week marked by concerns about Chinese demand and wrangling over a Western price cap on Russian oil. Brent crude futures were up ...
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 ...
Nigeria has been confirmed as Africa's third-largest crude oil producer through October 2022. This is according to data from the Organization of Petroleum Exporting Countries (OPEC) monthly oil market report ...
The oil market rose more than 1% on Thursday, extending the previous day's rally, as optimism over record crude exports in the United States and signs that recession fears are ...
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, ...