Crude Oil: Oil trading higher in the morning session

Crude Oil Movement For the 24 hours to 23:00 GMT, Crude Oil rose 0.23% against the USD and closed at USD52.10 per barrel. In the Asian session, at GMT0400, the pair is trading at 52.62, with oil trading 1.00% higher … Continue reading

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Crude Oil: Oil trading lower ahead of the API weekly crude stockpiles data

Crude Oil Movement For the 24 hours to 23:00 GMT, Crude Oil declined 0.12% against the USD and closed at USD51.98 per barrel. In the Asian session, at GMT0400, the pair is trading at 51.68, with oil trading 0.58% lower … Continue reading

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Crude Oil: Oil trading marginally lower in the Asian session

Crude Oil Movement For the 24 hours to 23:00 GMT, Crude Oil rose 1.15% against the USD and closed at USD52.04 per barrel on Friday, as reports of oil purchases by Chinese refiners eased concerns about a slowdown in oil … 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 0.27% against the USD and closed at USD51.45 per barrel, amid spike in the number in the number of new coronavirus cases in China. In the Asian … 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 2.93% against the USD and closed at USD51.59 per barrel, amid hopes of rise in demand from China after reports indicated a decline in new coronavirus cases … Continue reading

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Crude Oil: Oil trading higher ahead of EIA crude oil stockpiles data

Crude Oil Movement For the 24 hours to 23:00 GMT, Crude Oil rose 0.76% against the USD and closed at USD50.12 per barrel, as slowdown in the number of new coronavirus cases in China eased concerns about the impact of … Continue reading

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

Crude Oil Movement For the 24 hours to 23:00 GMT, Crude Oil declined 1.25% against the USD and closed at USD49.74 per barrel, on weak Chinese demand for oil and speculations that the OPEC and its allies are unlikely to … 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 1.75% against the USD and closed at USD50.42 per barrel on Friday, amid ongoing worries about the effect of coronavirus on oil demand. Additionally, Baker Hughes reported … 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 0.23% against the USD and closed at USD51.32 per barrel. In the Asian session, at GMT0400, the pair is trading at 51.19, with oil trading 0.25% lower … 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 3.25% against the USD and closed at USD51.20 per barrel, amid unconfirmed reports that effective treatment for coronavirus has been found and decline in both US gasoline … Continue reading

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Crude Oil: Oil trading higher ahead of the EIA crude oil stockpiles data

Crude Oil Movement For the 24 hours to 23:00 GMT, Crude Oil declined 0.52% against the USD and closed at USD49.59 per barrel, amid mounting fears over the impact of coronavirus outbreak on oil demand. Additionally, the American Petroleum Institute … Continue reading

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