Crude Oil Movement Crude Oil prices advanced 0.97% against the USD for the 24-hour period ending 23:00GMT, closing at 45.66, extending its gains for the third consecutive day. In the Asian session, at GMT0300, the pair is trading at 45.93, … Continue reading →

Crude Oil Movement Crude Oil prices advanced 1.62% against the USD for the 24-hour period ending 23:00GMT, closing at 45.22, extending its previous session gains. Separately, the Energy Information Administration (EIA) disclosed that crude oil inventories rose by 2.0 million … Continue reading →

Crude Oil Movement Crude Oil prices advanced 3.51% against the USD for the 24-hour period ending 23:00GMT, closing at 44.50, reversing its previous session losses, after the American Petroleum Institute (API) reported that US oil inventories surprisingly declined by 1.1 … Continue reading →

Crude Oil Movement Crude Oil prices declined 1.74% against the USD for the 24-hour period ending 23:00GMT, closing at 42.99, reversing its previous session gains. In the Asian session, at GMT0300, the pair is trading at 42.92, with the oil … Continue reading →

Crude Oil Movement Crude Oil prices advanced 0.88% against the USD for the 24-hour period ending 23:00GMT, closing at 43.78, after Baker Hughes reported that the US oil rig count declined by 8 to a level of 343 in the … Continue reading →

Crude Oil Movement Crude Oil prices declined 0.98% against the USD for the 24-hour period ending 23:00GMT, closing at 43.40, reversing its previous session gains. Separately, the International Energy Agency (IEA) Chief, Fatih Birol, indicated that 2016 would witness the … Continue reading →

Crude Oil Movement Crude Oil prices advanced 8.41% against the USD for the 24-hour period ending 23:00GMT, closing at 43.83, after data showed that US crude stocks advanced less-than-expected last week. The Energy Information Administration (EIA) disclosed that crude oil … Continue reading →

Crude Oil Movement Crude Oil prices advanced 1.10% against the USD for the 24-hour period ending 23:00GMT, closing at 40.43. However, the gains in oil prices were capped after the American Petroleum Institute (API) reported that US oil inventories rose … Continue reading →

Crude Oil Movement Crude Oil prices advanced 1.36% against the USD for the 24-hour period ending 23:00GMT, closing at 40.20, amid hopes that world’s top oil producers would agree on an output freeze at the upcoming meeting in Qatar on … Continue reading →

Crude Oil Movement Crude Oil prices advanced 5.08% against the USD for the 24-hour period ending 23:00GMT, closing at 39.52, after Baker Hughes reported that the US oil rig count declined by 8 to a level of 354 in the … Continue reading →

Crude Oil Movement Crude Oil prices declined 0.56% against the USD for the 24-hour period ending 23:00GMT, closing at 37.61, reversing its previous session gains, as rising exports from Iraq resurfaced global supply glut concerns. In the Asian session, at … Continue reading →