U.S. West Texas Intermediate

Oil prices edged down on Tuesday as tighter lockdowns in Europe and an OPEC forecast for a slower recovery in demand next year outweighed relief from the roll-out of coronavirus vaccines. U.S. West Texas Intermediate (WTI) crude futures…

Oil prices fell on Monday, extending last week’s losses, as increasing coronavirus cases in the United States and Europe raised worries about energy demand, while Libya’s fast-growing production also weighed on prices. Brent LCOc1 was down…

Oil prices slipped on Friday and were set for a weekly decline due to mounting worries about the impact on fuel demand of a widespread resurgence in coronavirus infections, as well as some concern about the likely return of exports from…

Asian equities advanced on Tuesday and the dollar slipped, with investor sentiment supported by Chinese data and optimism about COVID-19 vaccines. MSCI’s broadest index of Asia-Pacific shares outside Japan rose 0.5%, for a fourth…

Oil futures slipped one per cent on Friday with prices on both sides of the Atlantic, heading for their biggest weekly drops since June. This is as lacklustre demand and ample fuel supplies offset support from a weaker dollar. …

TAYO ELEGBEDE Rising tensions between the  United States and China following the closure of China's consulate in Houston last week and retaliation in Chengdu caused oil prices to nosedive on Monday. Brent…

Oil prices slipped on Friday, shrugging off a weaker U.S. dollar, as tensions between the United States and China rose against a backdrop of rising coronavirus cases. Brent crude LCOc1 fell 25 cents to $43.06 a barrel by 0713 GMT, and…

By TAYO ELEGBEDE Following the extension of the agreement by the Organisation of Petroleum Exporting Countries (OPEC) and its allies on Saturday to continue crude oil production cut till July for a balance in the oil market, countries…

Oil price rose on Friday as United States sanctions on Iran are expected to cut significant volumes of crude from the market. Brent crude oil futures were at 75.19 dollars per barrel while U.S. West Texas Intermediate (WTI) crude…