Crude Oil Movement For the 24 hours to 23:00 GMT, Crude Oil declined 1.09% against the USD and closed at 29.10, after last week’s decision to lift sanctions on Iran added to the woes of weak demand and worries about … Continue reading →

Crude Oil Movement For the 24 hours to 23:00 GMT, the Crude Oil declined 5.69% against the USD and closed at 29.36, led by weak demand of the commodity and worries over the worsening global oil surplus. On Friday, Baker … Continue reading →

Crude Oil Movement For the 24 hours to 23:00 GMT, Crude Oil rose 1.63% against the USD and closed at 31.13, as strong performance in Chinese markets gave investors hope that demand will keep growing from the nation, the second … Continue reading →

Crude Oil Movement Crude Oil prices declined 0.33% against the USD for the 24 hour period ending 23:00GMT, closing at 30.63, with investors remaining cautious as the overall outlook for the commodity remains weak. Yesterday, according to the Energy Information … Continue reading →

Crude Oil Movement Crude Oil prices declined 1.51% against the USD for the 24 hour period ending 23:00GMT, closing at 30.73, extending its previous session losses. Separately, the American Petroleum Institute (API) disclosed that US crude oil inventories fell by … Continue reading →

Crude Oil Movement Crude Oil prices declined 5.79% against the USD for the 24 hour period ending 23:00GMT, closing at 31.24, dropping to a 12-year low level, over concerns of slowing demand from China, the world’s second largest consumer of … Continue reading →

Crude Oil Movement Crude Oil prices were flat against the USD for the 24 hour period ending 23:00GMT, closing at 33.31, after oscillating between gains and losses, throughout the session. Separately, Baker Hughes weekly rig count report showed that the … Continue reading →

Crude Oil Movement Crude Oil prices declined 2.49% against the USD for the 24 hour period ending 23:00GMT, closing at 33.31, falling to near 12-year lows, as a sharp slide in Chinese equity markets raised concerns about the economic outlook … Continue reading →

Crude Oil Movement Crude Oil prices declined 5.79% against the USD for the 24 hour period ending 23:00GMT, closing at 34.16, as weakening Chinese economy dampened the demand outlook of the commodity from the world’s second biggest economy.. Oil prices … Continue reading →

Crude Oil Movement Crude Oil prices declined 1.71% against the USD for the 24 hour period ending 23:00GMT, closing at 36.26, extending its previous session losses. Separately, the American Petroleum Institute (API) disclosed that US crude oil inventories fell by … Continue reading →

Crude Oil Movement Crude Oil prices declined 3.05% against the USD for the 24 hour period ending 23:00GMT, closing at 36.89, as weak manufacturing data from China fuelled concerns of slowing demand from the world’s second largest consumer of oil. … Continue reading →