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

Crude Oil Movement For the 24 hours to 23:00 GMT, Crude Oil declined 0.99% against the USD and closed at USD63.71 per barrel, amid ongoing uncertainty over global crude supply. Meanwhile, the Energy Information Administration (EIA) report indicated that US … 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 1.34% against the USD and closed at USD64.35 per barrel, after the American Petroleum Institute (API) reported that US crude oil inventories unexpectedly fell by 3.1 million … 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 declined 0.13% against the USD and closed at USD63.50 per barrel, amid speculation that Russia and the OPEC might step back from their move on productions cuts. In … 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 0.20% against the USD and closed at USD63.81 per barrel on Friday, as mounting turmoil in Libya and OPEC led production cuts tightened oil supply in the … 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 declined 1.07% against the USD and closed at USD63.68 per barrel, after the International Energy Agency, in its monthly report, expressed concerns over the adverse effects of global … Continue reading

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Crude Oil: Oil trading flat in the Asian session

Crude Oil Movement For the 24 hours to 23:00 GMT, Crude Oil rose 0.36% against the USD and closed at USD64.37 per barrel. Meanwhile, the Energy Information Administration (EIA) report indicated that US crude oil stockpiles rose 7.03 million barrels … 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 0.39% against the USD and closed at USD64.14 per barrel, after Russia suggested an end of the OPEC-led production cuts deal after the end of June. Also, … 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 1.45% against the USD and closed at USD64.39 per barrel, as turmoil in Libya along with OPEC-led supply cuts and US sanctions on Iran and Venezuela signalled … 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 0.56% against the USD and closed at USD62.09 per barrel. In the Asian session, at GMT0300, the pair is trading at 62.01, with oil trading 0.13% lower … 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 0.06% against the USD and closed at USD62.44 per barrel, after the Energy Information Administration (EIA) report indicated that US crude oil stockpiles advanced by 7.2 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 rose 1.28% against the USD and closed at USD62.48 per barrel, amid signs of tightening crude oil supplies and easing concerns over global economic growth. Meanwhile, the American … Continue reading

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