Crude Oil: Oil trading higher in the morning session

Crude Oil Movement For the 24 hours to 23:00 GMT, Crude Oil rose 1.90% against the USD and closed at USD52.11 per barrel, after an attack on two oil tankers in the Gulf of Oman reignited worries about an impact … 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 declined 3.22% against the USD and closed at USD51.14 per barrel, after the Energy Information Administration (EIA) report indicated that US crude oil stockpiles rose by 2.2 million … 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 0.94% against the USD and closed at USD52.84 per barrel, the American Petroleum Institute (API) reported that US crude oil inventories climbed by 4.9 million barrels to … 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 1.48% against the USD and closed at USD53.34 per barrel, amid a possible delay in OPEC and its allies led output cuts. In the Asian session, at … Continue reading

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Crude Oil: Oil trading higher in the Asian session

Crude Oil Movement For the 24 hours to 23:00 GMT, Crude Oil rose 1.83% against the USD and closed at USD54.01 per barrel on Friday. Meanwhile, fresh figures from Baker Hughes disclosed that the number of active oil rigs dropped … Continue reading

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

Crude Oil Movement For the 24 hours to 23:00 GMT, Crude Oil rose 2.99% against the USD and closed at USD53.04 per barrel, as concerns about energy demand eased, on possible tariff delay on Mexican goods. In the Asian session, … Continue reading

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Crude Oil: Oil reverses its losses in the morning session

Crude Oil Movement For the 24 hours to 23:00 GMT, Crude Oil declined 2.89% against the USD and closed at USD51.50 per barrel, after the Energy Information Administration (EIA) report indicated that US crude oil stockpiles rose by 6.8 million … 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 0.06% against the USD and closed at USD53.03 per barrel, after the American Petroleum Institute (API) reported that US crude oil inventories rose by 3.6 million barrels … Continue reading

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

Crude Oil Movement For the 24 hours to 23:00 GMT, Crude Oil rose 0.38% against the USD and closed at USD53.06 per barrel, after Saudi Arabia indicated that OPEC along with Russia would tighten global oil supplies to avoid a … Continue reading

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Crude Oil: Oil trading extends its losses in the Asian session

Crude Oil Movement For the 24 hours to 23:00 GMT, Crude Oil declined 5.83% against the USD and closed at USD53.29 per barrel on Friday, after US President Donald Trump decided to impose tariffs on Mexico thereby raising concerns over … 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 4.41% against the USD and closed at USD56.59 per barrel, after the Energy Information Administration (EIA) report indicated that US crude oil stockpiles fell less than expected … Continue reading

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