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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Crude Oil: Oil trading slightly higher in the Asian session

Crude Oil Movement For the 24 hours to 23:00 GMT, Crude Oil rose 0.29% against the USD and closed at USD69.55 per barrel, supported by Saudi Arabia’s halt on transporting crude through the Red Sea waterway, falling US inventories and … Continue reading

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Crude Oil: Oil trading a tad higher in the morning session

Crude Oil Movement For the 24 hours to 23:00 GMT, Crude Oil rose 0.92% against the USD and closed at USD69.35 per barrel, after Energy Information Administration (EIA) report indicated that US crude oil stockpiles dropped by 6.1 million barrels … Continue reading

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Crude Oil: Oil trading higher, amid drop in crude inventories and ahead of EIA’s weekly crude oil stockpiles data

Crude Oil Movement For the 24 hours to 23:00 GMT, Crude Oil rose 1.31% against the USD and closed at USD68.72 per barrel. In the Asian session, at GMT0300, the pair is trading at 68.82, with oil trading 0.15% higher … 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 declined 0.34% against the USD and closed at USD67.83 per barrel, amid concerns of oversupply overshadowed worries over mounting tension between the US and Iran. In the Asian … 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 declined 2.14% against the USD and closed at USD68.10 per barrel on Friday. Separately, fresh figures from Baker Hughes disclosed that the number of active US oil rigs … Continue reading

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

Crude Oil Movement For the 24 hours to 23:00 GMT, Crude Oil rose 1.05% against the USD and closed at USD69.59 per barrel after Saudi Arabia’s OPEC Governor, Adeeb Al-Aama stated that the kingdom’s exports are likely to fall by … Continue reading

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Crude Oil: Oil trading a tad lower this morning

Crude Oil Movement For the 24 hours to 23:00 GMT, Crude Oil rose 1.67% against the USD and closed at USD68.87 per barrel, after the US Energy Information Administration (EIA) revealed that US inventories of gasoline, diesel and heating oil … Continue reading

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

Crude Oil Movement For the 24 hours to 23:00 GMT, Crude Oil declined 0.32% against the USD and closed at USD67.74 per barrel, after the American Petroleum Institute (API) reported that US crude oil inventories rose 0.63 million barrels to … Continue reading

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