Crude Oil Movement For the 24 hours to 23:00 GMT, Crude Oil rose 0.39% against the USD and closed at USD20.42 per barrel, amid ongoing oil price war between Saudi Arabia and Russia and as demand for oil declined. In … Continue reading →

Crude Oil Movement For the 24 hours to 23:00 GMT, Crude Oil declined 6.90% against the USD and closed at USD21.58 per barrel, amid slowdown in global demand. Additionally, Baker Hughes reported that US oil rig count dropped by 40 … Continue reading →

Crude Oil Movement For the 24 hours to 23:00 GMT, Crude Oil declined 4.45% against the USD and closed at USD 23.18 per barrel, amid growing worries about decline in crude demand . In the Asian session, at GMT0400, the … Continue reading →

Crude Oil Movement For the 24 hours to 23:00 GMT, Crude Oil declined 1.54% against the USD and closed at USD 24.26 per barrel, amid optimism surrounding the USD2.00tn economic stimulus package in the US to contain the impact of … Continue reading →

Crude Oil Movement For the 24 hours to 23:00 GMT, Crude Oil rose 1.23% against the USD and closed at USD24.64 per barrel, oil settled high, amid expectations that the US government would approve a $2 trillion economic relief package. … Continue reading →

Crude Oil Movement For the 24 hours to 23:00 GMT, Crude Oil rose 6.99% against the USD and closed at USD24.34 per barrel, after the US Federal Reserve announced a massive stimulus package to contain the spread of coronavirus outbreak. … Continue reading →

Crude Oil Movement For the 24 hours to 23:00 GMT, Crude Oil declined 5.09% against the USD and closed at USD 23.66 per barrel on Friday, as economic stimulus plans from government worldwide failed to ease concerns about the economic … Continue reading →

Crude Oil Movement For the 24 hours to 23:00 GMT, Crude Oil rose 9.87% against the USD and closed at USD 24.93 per barrel, amid speculation that the US President, Donald Trump, might intervene in the price war between Saudi … Continue reading →

Crude Oil Movement For the 24 hours to 23:00 GMT, Crude Oil declined 15.34% against the USD and closed at USD22.69 per barrel, after countries all over the world accelerated lockdowns to curb the coronavirus pandemic. Moreover, the US Energy … Continue reading →

Crude Oil Movement For the 24 hours to 23:00 GMT, Crude Oil declined 8.34% against the USD and closed at USD26.80 per barrel, as the coronavirus pandemic slowed global economic growth and oil demand. Separately, the American petroleum Institute (API) … Continue reading →

Crude Oil Movement For the 24 hours to 23:00 GMT, Crude Oil declined 6.37% against the USD and closed at USD29.24 per barrel, as concerns over the coronavirus escalated stoking fears that government lockdowns would spark a recession and reduce … Continue reading →