Crude Oil Movement For the 24 hours to 23:00 GMT, the Crude Oil declined 5.5% against the USD and closed at 29.73, extending its previous session losses, amid deepening supply glut fears. Separately, the American Petroleum Institute (API) disclosed that … Continue reading →

Crude Oil Movement For the 24 hours to 23:00 GMT, the Crude Oil declined 6.42% against the USD and closed at 31.46, led by downbeat economic data from China and growing speculation regarding output cuts by the Organisation of the … Continue reading →

Crude Oil Movement For the 24 hours to 23:00 GMT, the Crude Oil declined 0.66% against the USD and closed at 33.33. However, losses in oil prices were kept in check amid hopes of an output cut by the Organisation … Continue reading →

Crude Oil Movement For the 24 hours to 23:00 GMT, the Crude Oil rose 4.61% against the USD and closed at 33.55, on rising speculation that the Organization of the Petroleum Exporting countries (OPEC) would bring down its production output … Continue reading →

Crude Oil Movement For the 24 hours to 23:00 GMT, Crude Oil rose 4.91% against the USD and closed at 32.07, after Russia showed signs of co-operation with OPEC to reduce the global supply glut. Separately, the Energy Information Administration … Continue reading →

Crude Oil Movement For the 24 hours to 23:00 GMT, the Crude Oil rose 2.31% against the USD and closed at 30.57, rebounding from its previous losses, on hopes that the OPEC and non-OPEC members may cut crude production amid … Continue reading →

Crude Oil Movement For the 24 hours to 23:00 GMT, Crude Oil declined 7.18% against the USD and closed at 29.88, on concerns about global economic growth and persistent global supply surplus weighed on the commodity. Oil prices remained under … Continue reading →

Crude Oil Movement For the 24 hours to 23:00 GMT, the Crude Oil rose 6.22% against the USD and closed at 31.61, as the European Central (ECB) signalled that it would undertake more stimulus measures to lift the regional economy. … Continue reading →

Crude Oil Movement For the 24 hours to 23:00 GMT, the Crude Oil rose 4.71% against the USD and closed at 29.76, recovering from its earlier session losses. Yesterday, the Energy Information Administration’s (EIA) in its weekly report disclosed, that … Continue reading →

Crude Oil Movement For the 24 hours to 23:00 GMT, the Crude Oil declined 0.07% against the USD and closed at 28.42, extending its previous session losses, as supply glut fears deepen. Yesterday, the American Petroleum Institute (API) disclosed that … Continue reading →

Crude Oil Movement For the 24 hours to 23:00 GMT, the Crude Oil declined 2.27% against the USD and closed at 28.44, on worries about a global supply glut. Yesterday, the International Energy Agency (IEA) mentioned that oil prices are … Continue reading →