Crude Oil: Oil trading on a stronger footing this morning

Crude Oil Movement For the 24 hours to 23:00 GMT, Crude Oil rose 0.58% against the USD and closed at USD68.15 per barrel, as expectations that the US would likely re-impose sanctions against Iran shrugged off a bearish report on … Continue reading

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Crude Oil: Oil extends its losses, ahead of EIA’s weekly crude oil stockpiles data

Crude Oil Movement For the 24 hours to 23:00 GMT, Crude Oil declined 1.74% against the USD and closed at USD67.76 per barrel, on news that the US and France are nearing an agreement to preserve the Iran nuclear deal. … Continue reading

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Crude Oil: Oil trading lower, ahead of API’s weekly crude oil inventories data

Crude Oil Movement For the 24 hours to 23:00 GMT, Crude Oil rose 0.98% against the USD and closed at USD68.96 per barrel, as an escalation in geopolitical tensions in the Middle East raised fears over potential supply disruptions. Additionally, … Continue reading

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Crude Oil: Oil trading on a stronger footing this morning

Crude Oil Movement For the 24 hours to 23:00 GMT, Crude Oil declined 0.44% against the USD and closed at USD68.11 per barrel on Friday, after fresh figures from Baker Hughes disclosed that active oil rigs in US increased by … Continue reading

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Crude Oil: Oil trading lower this morning

Crude Oil Movement For the 24 hours to 23:00 GMT, Crude Oil declined 0.49% against the USD and closed at USD68.41 per barrel, surrendering its previous session gains. In the Asian session, at GMT0300, the pair is trading at 68.35, … Continue reading

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Crude Oil: Oil trading lower in the Asian session

Crude Oil Movement For the 24 hours to 23:00 GMT, Crude Oil rose 3.24% against the USD and closed at USD68.75 per barrel, after the Energy Information Administration (EIA) indicated that US crude oil stockpiles unexpectedly fell by 1.1 million … Continue reading

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Crude Oil: Oil trading on a stronger footing, ahead of EIA’s weekly crude oil stockpiles data

Crude Oil Movement For the 24 hours to 23:00 GMT, Crude Oil rose 0.24% against the USD and closed at USD66.59 per barrel, after the American Petroleum Institute (API) reported that US crude oil inventories fell by 1.0 million barrels … Continue reading

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Crude Oil: Oil trading on a stronger footing, on potential supply disruptions and ahead of API’s weekly crude oil inventories data

Crude Oil Movement For the 24 hours to 23:00 GMT, Crude Oil declined 0.63% against the USD and closed at USD66.43 per barrel, amid easing tensions surrounding Syria. In the Asian session, at GMT0300, the pair is trading at 66.53, … Continue reading

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Crude Oil: Oil trading lower in the morning session

Crude Oil Movement For the 24 hours to 23:00 GMT, Crude Oil rose 0.42% against the USD and closed at USD67.30 per barrel on Friday, after the International Energy Agency (IEA) stated that global crude oil stocks were falling sharply, … Continue reading

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Crude Oil: Oil reverses its gains, ahead of Baker Hughes weekly rig count data

Crude Oil Movement For the 24 hours to 23:00 GMT, Crude Oil rose 0.31% against the USD and closed at USD67.02 per barrel, amid persistent tensions over Syria as well as bullish monthly report from Organisation of the Petroleum Exporting … Continue reading

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Crude Oil: Oil trading higher in the morning session

Crude Oil Movement For the 24 hours to 23:00 GMT, Crude Oil rose 1.86% against the USD and closed at USD66.81 per barrel, following news that Saudi Arabia seized missiles over Riyadh. Separately, the Energy Information Administration (EIA) indicated that … Continue reading

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