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oil prices drop

  • AnalysisEnergy TransitionIn the NewsMarkets

    Oil Prices Dip 1% on Tariff Worries, Ceasefire Doubts

    by Ikeoluwa Juliana Ogungbangbe March 14, 2025
    by Ikeoluwa Juliana Ogungbangbe March 14, 2025

    Oil prices drop amid trade tensions and ceasefire uncertainty, with OPEC reporting rising crude output and markets facing concerns over global demand growth

  • In the News

    Oil Prices Drop 2-Percent Amid Demand Concerns and Israel’s Comments

    by Motoni Olodun October 15, 2024
    by Motoni Olodun October 15, 2024

    Oil prices fell by 2% on Monday due to global demand concerns and comments from Israel’s government, with WTI and Brent crude experiencing sharp declines.

  • Energy Transition

    Oil Prices Drop Over 1-Percent Amid Weak Chinese Economic Data

    by Motoni Olodun October 14, 2024
    by Motoni Olodun October 14, 2024

    Oil prices fell by over 1% following weak economic data from China, sparking fears of reduced global demand for energy in the coming months.

  • In the News

    Oil Prices Drop as Middle East Tensions Ease

    by Victor Adetimilehin August 14, 2024
    by Victor Adetimilehin August 14, 2024

    Oil prices dropped as fears of a broader Middle East conflict subsided, with Iran holding back on its threats against Israel. Market analysts point to a reduced geopolitical risk premium …

  • In the News

    Oil Prices Slide as Weak Demand and Rising Inventories Dominate

    by Victor Adetimilehin July 23, 2024
    by Victor Adetimilehin July 23, 2024

    Oil prices fall to their lowest in over a month due to rising inventories and weak demand, with little impact from recent geopolitical and political developments.

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