WTI

Oil slides below $45 as supply rises

BY: Moses olajuwon Obajemu Oil edged further below $45 a barrel on Friday, giving up some of this week’s gain,…

By Aderemi Ojekunle
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Oil prices gain after days of decline

Hope rises for oil exporting countries as crude oil rose on Friday after two days of declines, buoyed following data…

Oil rises as U.S. crude stocks fall, market awaits U.S. Fed rate cut

Oil prices rose for a fifth day on Wednesday, supported by a larger-than-expected drop in U.S. inventories and investor expectations…

OPEC production climbs by 35,000 bpd to 31.87m bpd in May, report shows

Crude oil production by member countries of OPEC rose in May, the Organization of the Petroleum Exporting Countries and Russia…

Brent spread tops $10 as bottleneck weighs on NYMEX

The spread between the August ICE Brent crude futures contract and the August New York Mercantile Exchange (NYMEX) West Texas…

Analyst says OPEC unlikely to open oil taps in June

As a result of the Organisation of Petroleum Exporting Countries' (OPEC) keen observation of ongoing geopolitical events that could impact…

Oil dips after rally, OPEC may ease supply curbs

Oil prices edged lower Wednesday as the market took a breather on expectations OPEC may raise supplies as early as…

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