Crude Oil: Oil trading higher, ahead of EIA’s weekly crude oil stockpiles data

Crude Oil Movement For the 24 hours to 23:00 GMT, Crude Oil declined 1.09% against the USD and closed at USD41.57 per barrel. In the Asian session, at GMT0300, the pair is trading at 41.66, with oil trading 0.22% higher … Continue reading

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

Crude Oil Movement For the 24 hours to 23:00 GMT, Crude Oil rose 0.86% against the USD and closed at USD42.03 per barrel, amid positive comments from Saudi Arabia’s Aramco CEO Amin Nasser on oil demand and followed by upbeat … 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 declined 1.26% against the USD and closed at USD41.51 per barrel on Friday, amid rising tensions between the US and China and resurgence in coronavirus cases. Meanwhile, Baker … Continue reading

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Crude Oil: Oil trading lower, ahead of Baker Hughes weekly rig count data

Crude Oil Movement For the 24 hours to 23:00 GMT, Crude Oil declined 0.61% against the USD and closed at USD42.04 per barrel, amid concerns over fuel demand. In the Asian session, at GMT0300, the pair is trading at 41.92, … Continue reading

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Crude Oil: Oil trading on a weaker footing this morning

Crude Oil Movement For the 24 hours to 23:00 GMT, Crude Oil rose 1.76% against the USD and closed at USD42.30 per barrel, after the Energy Information Administration (EIA) reported that crude oil inventories fell by 7.4 million barrels for … Continue reading

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Crude Oil: Oil trading higher, ahead of EIA’s weekly crude oil stockpiles data

Crude Oil Movement For the 24 hours to 23:00 GMT, Crude Oil rose 2.16% against the USD and closed at USD41.57 per barrel, after the American Petroleum Institute (API) reported that crude oil inventories fell by 8.6 million barrels for … 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 0.84% against the USD and closed at USD40.77 per barrel, as positive readings on manufacturing activity offset concerns over growing coronavirus cases. In the Asian session, at … Continue reading

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Crude Oil: Oil trading on a weaker footing this morning

Crude Oil Movement For the 24 hours to 23:00 GMT, Crude Oil declined 0.05% against the USD and closed at USD40.42 per barrel on Friday. The Baker Hughes reported that US oil drilling rig count dropped by 1 to 180 … Continue reading

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Crude Oil: Oil trading lower, ahead of Baker Hughes weekly rig count data

Crude Oil Movement For the 24 hours to 23:00 GMT, Crude Oil declined 2.03% against the USD and closed at USD40.44 per barrel, amid concerns over rising coronavirus cases and uncertainty related to the US presidential elections. In the Asian … Continue reading

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Crude Oil: Oil extends its gains in the morning session

Crude Oil Movement For the 24 hours to 23:00 GMT, Crude Oil rose 0.49% against the USD and closed at USD41.28 per barrel, after the Energy Information Administration (EIA) reported that crude oil inventories fell by 10.6 million barrels to … Continue reading

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Crude Oil: Oil trading lower, ahead of EIA’s weekly crude oil stockpiles data

Crude Oil Movement For the 24 hours to 23:00 GMT, Crude Oil declined 1.53% against the USD and closed at USD41.08 per barrel, amid concerns over increasing coronavirus cases around the world. In the Asian session, at GMT0300, the pair … Continue reading

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