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 declined 0.37% against the USD and closed at USD67.43 per barrel, amid rising crude stockpiles at the US crude delivery hub. In the Asian session, at GMT0300, the … Continue reading

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Crude Oil: Oil trading reverses its gains in the Asian session

Crude Oil Movement For the 24 hours to 23:00 GMT, Crude Oil rose 1.51% against the USD and closed at USD67.72 per barrel on Friday, after the International Energy Agency increased its forecast for global oil demand growth by 110,000bls … 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 3.48% against the USD and closed at USD66.75 per barrel, amid mounting trade tensions between the US and China. Moreover, the Energy Information Administration (EIA) reported a … 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 0.38% against the USD and closed at USD69.16 per barrel, after US re-imposed sanctions against Iran. The US Energy Information Administration lowered its 2019 forecast on the … 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 0.06% against the USD and closed at USD68.90 per barrel, amid reports of a fall in Saudi Arabia’s crude output and following renewed US sanctions against Iran. … Continue reading

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

Crude Oil Movement For the 24 hours to 23:00 GMT, Crude Oil declined 0.51% against the USD and closed at USD68.57 per barrel on Friday, amid increasing global crude oil output. Meanwhile, fresh figures from Baker Hughes disclosed that the … 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 rose 1.61% against the USD and closed at USD68.92 per barrel, amid decrease in oil inventories at the domestic trading hub, Cushing, Okla. In the Asian session, at … 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 USD67.83 per barrel, after the Energy Information Administration (EIA) report indicated that US crude oil stockpiles advanced by 3.8 million … 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 2.35% against the USD and closed at USD68.42 per barrel, after the American Petroleum Institute (API) reported that US crude oil inventories unexpectedly increased by 5.6 million … 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 1.64% against the USD and closed at USD70.07 per barrel, amid strong demand and ongoing concerns over global supply. In the Asian session, at GMT0300, the pair … Continue reading

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

Crude Oil Movement For the 24 hours to 23:00 GMT, Crude Oil declined 0.89% against the USD and closed at USD68.93 per barrel on Friday, after Baker Hughes reported that the number of active oil rigs rose by 3 to … Continue reading

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