Crude Oil Movement Crude Oil prices declined 2.09% against the USD for the 24-hour period ending 23:00GMT, closing at 39.33, over renewed supply glut concerns, after Baker Hughes reported that the US oil rig count advanced by 1 to a … Continue reading →

Crude Oil Movement Crude Oil prices advanced 4.36% against the USD for the 24-hour period ending 23:00GMT, closing at 40.17, extending its previous session gains, as the world’s major oil producers indicated growing willingness to discuss an output freeze. In … Continue reading →

Crude Oil Movement Crude Oil prices advanced 4.45% against the USD for the 24-hour period ending 23:00GMT, closing at 38.49, erasing its previous two session losses, after the Qatari oil minister, Mohammed Bin Saleh Al-Sada, confirmed plans of a meeting … Continue reading →

Crude Oil Movement Crude Oil prices declined 1.34% against the USD for the 24-hour period ending 23:00GMT, closing at 36.85, as the Organization of Petroleum Exporting Countries (OPEC) indicated that demand for oil in 2016 could be lower than previously … Continue reading →

Crude Oil Movement Crude Oil prices declined 2.96% against the USD for the 24-hour period ending 23:00GMT, closing at 37.35, reversing its previous session gains, after Iran showed little interest in a coordinated production freeze. Oil prices remained under pressure, … Continue reading →

Crude Oil Movement Crude Oil prices advanced 1.42% against the USD for the 24-hour period ending 23:00GMT, closing at 38.48, after the International Energy Agency (IEA) indicated that output in the US and other non-OPEC countries was beginning to fall … Continue reading →

Crude Oil Movement Crude Oil prices declined 0.63% against the USD for the 24-hour period ending 23:00GMT, closing at 37.94, reversing its previous session gains, as expectations that major oil producers would agree to an output freeze faded and investors … Continue reading →

Crude Oil Movement Crude Oil prices surged 4.92% against the USD for the 24-hour period ending 23:00GMT, closing at 38.18, reversing its previous session losses, on speculation that the world’s top oil producers would soon agree to an output freeze … Continue reading →

Crude Oil Movement For the 24 hours to 23:00 GMT, Crude Oil declined 4.11% against the USD and closed at 36.39, after weak trade data from China reignited concerns of slowing demand from the world’s second largest consumer of oil. … Continue reading →

Crude Oil Movement For the 24 hours to 23:00 GMT, Crude Oil surged 4.46% against the USD and closed at 37.95, on hopes that an output-deal among major producers will help curb production and reduce the persistent global supply glut. … Continue reading →

Crude Oil Movement For the 24 hours to 23:00 GMT, Crude Oil rose 3.6% against the USD and closed at 35.93, after Baker Hughes reported that the US oil rig count fell by 8 to a level of 392 in … Continue reading →