Crude Oil: Oil trading higher in the Asian session

Crude Oil Movement For the 24 hours to 23:00 GMT, Crude Oil declined 6.75% against the USD and closed at USD50.39 per barrel on Friday, amid ongoing worries about oversupply and global economic growth slowdown. In the Asian session, at … Continue reading

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Crude Oil: Oil trading lower this morning

Crude Oil Movement For the 24 hours to 23:00 GMT, Crude Oil declined 1.24% against the USD and closed at USD54.04 per barrel, amid increase in the US crude oil inventories. In the Asian session, at GMT0400, the pair is … Continue reading

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Crude Oil: Oil trading lower this morning

Crude Oil Movement For the 24 hours to 23:00 GMT, Crude Oil rose 2.36% against the USD and closed at USD54.72 per barrel, amid hopes that key oil producers will agree to cut production at a meeting early next month. … Continue reading

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

Crude Oil Movement For the 24 hours to 23:00 GMT, Crude Oil declined 6.82% against the USD and closed at USD53.46 per barrel, amid mounting concerns over global economic outlook and ongoing worries over rising global supplies. Meanwhile, the American … 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 rose 0.38% against the USD and closed at USD57.37 per barrel, amid reports that the European Union backed a decision by the French government to sanction Iranian nationals … Continue reading

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Crude Oil: Oil trading extends its gains in the morning session

Crude Oil Movement For the 24 hours to 23:00 GMT, Crude Oil rose 0.30% against the USD and closed at USD56.73 per barrel on Friday. Meanwhile, fresh figures from Baker Hughes disclosed that the number of active oil rigs rose … Continue reading

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Crude Oil: Oil trading higher, ahead Baker Hughes weekly rig count

Crude Oil Movement For the 24 hours to 23:00 GMT, Crude Oil rose 1.07% against the USD and closed at USD56.56 per barrel, after a weekly government report showed a huge decline in the US inventories of processed fuels. Meanwhile, … 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 0.85% against the USD and closed at USD55.96 per barrel, amid hopes that OPEC and other producers would discuss supply cuts at a meeting next month. Meanwhile, … Continue reading

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Crude Oil: Oil reverses its losses in the morning session

Crude Oil Movement For the 24 hours to 23:00 GMT, Crude Oil declined 5.73% against the USD and closed at USD55.49 per barrel, led by weak prospects for global economic growth and declining demand for oil. In the Asian session, … 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 fell 3.14% against the USD and closed at USD58.86 per barrel, after US President, Donald Trump, stated that he hopes OPEC does not cut crude production. In the … Continue reading

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Crude Oil: Oil trading on a positive footing in the morning session

Crude Oil Movement For the 24 hours to 23:00 GMT, Crude Oil declined 0.92% against the USD and closed at USD60.19 per barrel on Friday, amid growing concerns over rising output and economic slowdown. Additionally, fresh figures from Baker Hughes … Continue reading

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