Crude Oil: Oil trading higher in the morning session

Crude Oil Movement For the 24 hours to 23:00 GMT, Crude Oil traded flat against the USD and closed at USD55.94 per barrel. In the Asian session, at GMT0400, the pair is trading at 56.23, with oil trading 0.52% higher … Continue reading

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

Crude Oil Movement For the 24 hours to 23:00 GMT, Crude Oil rose 0.14% against the USD and closed at USD55.94 per barrel, amid OPEC-led production cuts, decline in crude oil supplies and optimism over US-China trade talks. In the … Continue reading

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Crude Oil: Oil extends its gains in the Asian session

Crude Oil Movement For the 24 hours to 23:00 GMT, Crude Oil rose 2.26% against the USD and closed at USD55.69 per barrel on Friday, amid tightening global supplies and progress in US-China trade negotiations. Meanwhile, fresh figures from Baker … 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 0.93% against the USD and closed at USD54.46 per barrel, amid expectations that the US will extend its deadline for implementing additional tariffs on Chinese goods. In … Continue reading

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Crude Oil: Oil trading on a stronger footing in the Asian session

Crude Oil Movement For the 24 hours to 23:00 GMT, Crude Oil rose 1.11% against the USD and closed at USD53.96 per barrel, after Saudi Arabia decided to maintain crude oil output at 9.8 million barrels per day by trimming … 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 rose 1.83% against the USD and closed at USD53.37 per barrel, after the American Petroleum Institute (API) reported that US crude oil inventories fell 1.0 million barrels to … 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 0.50% against the USD and closed at USD52.41 per barrel. In the Asian session, at GMT0400, the pair is trading at 52.78, with oil trading 0.71% higher … Continue reading

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Crude Oil: Oil reverses its gains in the Asian session

Crude Oil Movement For the 24 hours to 23:00 GMT, Crude Oil rose 0.34% against the USD and closed at USD52.72 per barrel on Friday. Meanwhile, fresh figures from Baker Hughes disclosed that the number of active oil rigs advanced … 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 2.67% against the USD and closed at USD52.54 per barrel, as fears over global economic slowdown weighed on the demand outlook for the commodity. In the Asian … Continue reading

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Crude Oil: Oil reverses its gains in the Asian session

Crude Oil Movement For the 24 hours to 23:00 GMT, Crude Oil rose 0.47% against the USD and closed at USD53.98 per barrel, after the Energy Information Administration (EIA) report indicated that US crude oil stockpiles rose less-than-anticipated by 1.3 … Continue reading

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

Crude Oil Movement For the 24 hours to 23:00 GMT, Crude Oil declined 1.99% against the USD and closed at USD53.73 per barrel, after the American Petroleum Institute (API) reported that US crude oil inventories climbed by 2.5 million barrels … Continue reading

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