Oil prices fell on Tuesday over anxieties that a new wave of coronavirus infections worldwide will cause fuel demand recovery to stall amid tighter lockdowns just...
Oil prices slipped on Monday over fears pertaining to oversupply as the Organisation of the Petroleum Exporting Countries (OPEC) and its allies prepare to wind back...
Oil prices jumped Friday, rebounding after striking 3-week lows on Thursday as a result of a historic slump in U.S. growth as the world’s biggest economy...
Oil prices climbed up Wednesday following an abrupt fall in U.S. crude storage even though demand fears from unprecedented rises in coronavirus cases limited gains. Brent...
Oil prices were steady on Tuesday as optimism for further U.S. measures to bolster the economy tempered a demand outlook overshadowed by surge in coronavirus infections...
Oil prices fell on Monday as uptick in coronavirus infections and escalation of tensions between the United States and China drove investors to commit their capital...
Hello, and welcome to Business Roundup this week. Here, we bring you highlights of events that happened during the week -from the capital market, mainstream business activities...
Oil prices rose Friday on the back a weaker dollar although the aggravating feud between the world’s two most advanced economies, United States and China, hurt...
Oil prices hit weaker levels on Thursday following a shock build in United States oil inventories and as low fuel consumption hurt prices. U.S crude and...
Oil prices weakened on Wednesday, with industry figures of growth in United States’ crude stockpiles confounding analysts’ expectation and a dramatic increase in the country’s coronavirus...
Oil prices jumped on Tuesday on the back of favourable reports of vaccine trials and of a European Union rescue package deal, touching heights last witnessed...
Oil prices edged lower on Monday towards $40 per barrel on Monday as coronavirus infections leapt across the world even though investors expressed measured optimism regarding...
Oil prices fell on Thursday following the resolution by the Organisation of the Petroleum Exporting Countries (OPEC) and its Russia-led allies to relax record production curbs...
Oil prices advanced on Wednesday after a huge plunge in United States crude storage as the market awaited decisions from a meeting later in the day...
Oil prices sank further on Tuesday amidst concerns that new curbs to forestall exploding coronavirus infections in the United States and Asia could put fuel demand...
Oil prices declined on Monday, extending Friday’s losses as coronavirus infections touched their all-time daily high, following huge swells in infections during the weekend in the...
Hello, and welcome to Business Roundup this week. Here, we bring you highlights of events that happened during the week -from the capital market, mainstream business activities...
Oil prices toppled on Friday, extending the previous session losses, over fears that re-imposed lockdowns and curbs aimed at putting the coronavirus spread on leash in...
Oil prices weakened further on Wednesday as industry figures demonstrating an upswing in United States’ crude inventory and a projection saying U.S. oil output could fall...
Oil prices dropped on Tuesday over worries that a new coronavirus wave, notably in the United States, would hurt fuel demand rebound. Brent crude futures fell by...
Oil prices saw mixed fortunes on Monday as Brent crude advanced further, on the back of measured supplies while its counterpart U.S. benchmark, West Texas Intermediate...
Oil prices climbed further on Thursday, cancelling losses recorded early in the session as a steep fall in crude stockpiles overrode fears that an upsurge in...
Oil prices edged up on Wednesday, buoyed by higher industrial activities in China and notable reduction in U.S. oil storage, consecutively pointing to an economic rebound...
Oil prices slid on Tuesday as traders embraced profit-taking after sharp gains were recorded in the last session and an imminent rise in supply weighed on...
Oil prices dropped on Monday as steep spikes in new global coronavirus cases drove some countries to resume partial lockdowns, heightening fears about the pace of...
Oil prices edged up on Friday as the uptrend from signs of fuel demand recovery was kept in check by a spike in the number of...
Oil prices fell further on Thursday after a more than 5% fall the day before as U.S. crude stockpiles hit an unprecedented high and a resurgence...
Oil prices slid on Wednesday, obliterating last session’s gains as concerns regarding a second wave of the coronavirus pandemic subdued support from a steady reopening of...
Oil prices steadied on Tuesday, following a turbulent session triggered by uncertainty over the fate of U.S.-China deal. Markets were upset by shocking comments from White...
Oil prices weakened on Monday over worries that a record increase in coronavirus cases globally might halt a rally in fuel demand, outweighing tighter supplies from...
Hello, and welcome to Business Roundup this week. Here, we bring you highlights of events that happened during the week -from the capital market, mainstream business activities...
Oil rose past $42 a barrel on Friday, increasing the gains recorded at the last session, after OPEC producers and allies agreed to meet supply cuts...
Oil prices edged up on Thursday after a drop in U.S. oil product stocks, paving the way for further rises ahead of a meeting between the...
Oil prices slumped on Wednesday as data showed a rise in U.S. crude and fuel stockpiles, raising the prospect of glut as a potential new wave...
Oil prices posted modest gains on Tuesday, reversing earlier losses as optimism regarding additional cuts in crude output dampened the fears that a resurgence of fresh...
Oil prices weakened on Monday, extending the losses recorded the week before as fresh coronavirus infections hit China, United States and Japan, worsening fears that a...
Oil prices dropped on Friday, extending huge losses from overnight as the coronavirus cases in the U.S. soared this week, raising fears that a new wave...
Oil prices dropped by nearly 4% on Thursday over concerns about weak demand growth as coronavirus cases rise with U.S. crude inventories touching an all-time high...
Oil prices fell more than 1% towards $40 per barrel on Wednesday after a report revealed a surge in United States’ oil storage, reigniting worries over...
Oil prices appreciated on Tuesday over optimism of a rapid rebound in fuel demand as coronavirus lockdown curbs are lifted around the world, but gains are...
Oil prices strengthened on Monday, two days after world major producers consented to sustain a deal on historic production cuts to the end of July just...
Oil prices advanced further on Friday as traders expect signals from a conference that could hold this weekend among key oil producing countries to consider the...
The prices of oil in the international market witnessed a surge on Wednesday, with Brent, Nigeria’s flagship crude grade rising to $40 over continued optimism that...
Oil prices edged up on Tuesday on traders’ expectation that major oil-producing economies would consent to retain their hefty production cuts to strengthen prices at an...
Oil prices dipped by almost 1% on Monday as traders played safe with the Organisation of the Petroleum Exporting Countries contemplating a meeting this week to...
Hello, and welcome to Business Roundup this week. Here, we bring you highlights of events that happened during the week -from the capital market, mainstream business activities...
Oil prices dipped for the third straight day Friday, setting in motion its first weekly loss in two fortnights and a week, as U.S. stock statistics...
Oil prices extended losses early Thursday as industry statistics from the United States, the world’s biggest oil producer and consumer, reflected a rapid and dramatic increase in...
Oil prices weakened on Wednesday as fears over the speed of fuel demand recovery hurt sales despite the increasing removal of coronavirus curbs in several countries,...
Oil appreciated Tuesday, spurred in part by improving investors’ sentiment that oil-producing economies will fulfil their pledge to slash output and also by signs of growing...
