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Oil drops, poised to biggest weekly gains since early Oct - Business

Investors are very cautious now as the market is full of variables, say analysts.

United statesEuropean central bankInternational energy agencyCanada tc energy corpJp morgan commodity researchOrganisation of petroleum exporting countries onTexas intermediatePetroleum exporting countriesCommodity research

Oil price falls below $80 a barrel as central banks hike interest rates

Oil prices, on Friday, fell as the market assessed the aftermath of interest rate hikes at central banks.Brent crude futures fell 2.28.

United statesTemitope omosuyiTimipre sylvaOrganisation of petroleum exporting countriesInternational energy agencyAfrinvest securities ltdJp morgan commodity researchNigeria extractive industries transparency initiativeWest texas intermediateEuropean central bankraisedPetroleum exporting countries

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