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 rose 0.44% against the USD and closed at USD66.94 per barrel. In the Asian session, at GMT0300, the pair is trading at 66.94, with oil trading marginally lower … 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 1.23% against the USD and closed at USD66.65 per barrel, after the US Energy Information Administration (EIA) reported that crude supplies dropped more-than-expected by 4.1 million barrels … Continue reading

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

Crude Oil Movement For the 24 hours to 23:00 GMT, Crude Oil declined 0.47% against the USD and closed at USD65.84 per barrel, after the American Petroleum Institute (API) reported that US crude oil supplies advanced by 833,000 bls in … Continue reading

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

Crude Oil Movement For the 24 hours to 23:00 GMT, Crude Oil rose 0.76% against the USD and closed at USD66.15 per barrel. In the Asian session, at GMT0300, the pair is trading at 66.18, with oil trading 0.05% higher … Continue reading

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Crude Oil: Oil reverses losses in the Asian session

Crude Oil Movement For the 24 hours to 23:00 GMT, Crude Oil declined 0.55% against the USD and closed at USD65.63 per barrel on Friday, amid worries over rising US output and decreasing demand in China. In the Asian session, … Continue reading

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Crude: Oil trading on a stronger footing, ahead of Baker Hughes weekly rig count data

Crude Oil Movement For the 24 hours to 23:00 GMT, Crude Oil rose 1.10% against the USD and closed at USD65.93 per barrel, amid concerns over Venezuela’s oil supply. In the Asian session, at GMT0300, the pair is trading at … Continue reading

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Crude Oil: Oil extends its losses in the morning session

Crude Oil Movement For the 24 hours to 23:00 GMT, Crude Oil declined 0.61% against the USD and closed at USD65.09 per barrel, after the Energy Information Administration (EIA) report indicated that US crude oil stockpiles unexpectedly rose 2.1 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 0.57% against the USD and closed at USD65.34 per barrel, amid reports that the US government asked Saudi Arabia and some other OPEC producers to increase oil … 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 declined 1.50% against the USD and closed at USD64.88 per barrel, amid concerns that the OPEC might curb output cuts. In the Asian session, at GMT0300, the pair … 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 2.13% against the USD and closed at USD65.67 per barrel on Friday, amid rising US production and possibility that the OPEC might increase supplies. Additionally, Baker Hughes … Continue reading

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Crude Oil: Oil extends its losses in the Asian session, ahead of Baker Hughes weekly rig count data

Crude Oil Movement For the 24 hours to 23:00 GMT, Crude Oil declined 1.53% against the USD and closed at USD67.10 per barrel, after the Energy Information Administration (EIA) reported that US crude production jumped to a record high of … Continue reading

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