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Brent crude

  • In the News

    Oil Prices Surge as Investors Eye Potential US Rate Cuts

    by Motoni Olodun July 22, 2024
    by Motoni Olodun July 22, 2024

    Oil prices surge as investors anticipate potential US interest rate cuts, sparking optimism about economic growth and increased demand for oil.

  • In the News

    Oil Prices Fall as Dollar Strengthens After Trump Attack

    by Motoni Olodun July 15, 2024
    by Motoni Olodun July 15, 2024

    :** Oil prices fall as the dollar strengthens following critical remarks from former President Trump, reflecting market reactions to geopolitical uncertainties.

  • In the News

    Oil Prices Dip as US Consumer Sentiment Falls

    by Victor Adetimilehin July 15, 2024
    by Victor Adetimilehin July 15, 2024

    Oil prices dip as weaker U.S. consumer sentiment and economic data weigh on the market, despite hopes for a Fed rate cut boosting optimism.

  • In the News

    Oil Prices Extend Losses as Strong Dollar Pressures Commodities Markets

    by Motoni Olodun June 24, 2024
    by Motoni Olodun June 24, 2024

    Oil prices dropped for the third straight session due to a strong U.S. dollar and global economic concerns. Brent crude fell to $72.45 per barrel, while WTI crude dropped to …

  • In the News

    Oil Prices Tumble on Mixed OPEC+ Decision and US Demand Worries

    by Victor Adetimilehin June 4, 2024
    by Victor Adetimilehin June 4, 2024

    Oil prices witnessed a dramatic decline on Monday, June 3rd, marking their steepest one-day drop in several months. This comes amidst a confluence of factors, including a mixed decision by …

  • In the News

    Oil Prices Retreat as Middle East Conflict Fears Ease

    by Victor Adetimilehin April 23, 2024
    by Victor Adetimilehin April 23, 2024

    Oil prices retreated on Monday after concerns about potential supply disruptions from the Middle East conflict eased. The market’s focus shifted back to fundamentals, with economic factors like inflation and …

  • In the News

    Oil Prices Retreat as Middle East Tensions Simmer Down

    by Victor Adetimilehin April 8, 2024
    by Victor Adetimilehin April 8, 2024

    Oil prices experienced a significant decline on Monday, dropping more than $1 a barrel as tensions in the Middle East eased. This welcome shift comes after Israel withdrew troops from …

  • In the News

    Oil Surges Above $90 on Geopolitical Tensions and Supply Concerns

    by Victor Adetimilehin April 5, 2024
    by Victor Adetimilehin April 5, 2024

    Oil prices have been on a rollercoaster ride in recent months, and the latest surge above $90 a barrel is causing concern for consumers and businesses alike. This excerpt explores …

  • In the News

    OPEC Upbeat on Oil Demand and Economic Outlook

    by Victor Adetimilehin March 13, 2024
    by Victor Adetimilehin March 13, 2024

    OPEC’s latest report offers an optimistic forecast for global oil demand, projecting strong growth through 2024 and 2025 amidst geopolitical tensions and supply disruptions.

  • In the News

    Oil Prices Soar Amid Gaza Conflict and US Rate Cut Hopes

    by Victor Adetimilehin March 1, 2024
    by Victor Adetimilehin March 1, 2024

    The ongoing war in Gaza and the prospect of a US interest rate cut have pushed oil prices higher, with Brent crude trading above $83 per barrel on Thursday. The …

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