Crude Oil: Oil extends its losses in the Asian session

Crude Oil Movement For the 24 hours to 23:00 GMT, Crude Oil declined 0.52% against the USD and closed at USD53.73 per barrel on Friday, as worries over slower Chinese economic growth raised concerns about energy demand. Additionally, Baker Hughes … 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 rose 2.10% against the USD and closed at USD54.01 per barrel, after tension in Middle East eased, after the US and Turkey signed a cease-fire deal in Syria. … Continue reading

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

Crude Oil Movement For the 24 hours to 23:00 GMT, Crude Oil declined 0.13% against the USD and closed at USD52.90 per barrel, after the American Petroleum Institute (API) reported that US crude oil inventories advanced by 10.5 million barrels … Continue reading

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Crude Oil: Oil trading a tad lower in the Asian session

Crude Oil Movement For the 24 hours to 23:00 GMT, Crude Oil declined 0.99% against the USD and closed at USD52.97 per barrel, as lower economic growth forecast from the International Monetary Fund (IMF) stoked worries about crude oil demand. … 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 declined 1.83% against the USD and closed at USD53.50 per barrel, as worries over global oil demand resurfaced. In the Asian session, at GMT0300, the pair is trading … 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 1.26% against the USD and closed at USD54.67 per barrel on Friday, as crude supply disruptions escalated following an attack on Iranian oil tanker by two suspected … 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 rose 3.95% against the USD and closed at USD53.99 per barrel, boosted by the US President, Donald Trump’s plan to meet Chinese Vice Premier Liu He for suspending … Continue reading

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Crude Oil: Oil reverses its losses in the Asian session

Crude Oil Movement For the 24 hours to 23:00 GMT, Crude Oil declined 0.86% against the USD and closed at USD51.94 per barrel, after the Energy Information Administration (EIA) report indicated that US crude oil stockpiles rose by 2.9 million … 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 declined 0.89% against the USD and closed at USD52.39 per barrel, after the American Petroleum Institute (API) reported that US crude oil inventories rose by 4.1 million barrels … Continue reading

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

Crude Oil Movement For the 24 hours to 23:00 GMT, Crude Oil rose 0.32% against the USD and closed at USD52.86 per barrel, amid renewed hopes over upcoming fresh trade talks between the US-China. Additionally, the S&P Global Platts survey … 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 0.99% against the USD and closed at USD52.85 per barrel on Friday, as the release of US jobs data helped calm fears of a global economic slowdown. … Continue reading

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