Crude Oil Movement Crude Oil prices declined 1.53% against the USD for the 24 hour period ending 23:00GMT, closing at 41.95, amid global supply glut worries. Moreover, disappointing industrial data from China further pressured oil prices, fuelling concerns of slowing … Continue reading →

Crude Oil Movement Crude Oil prices declined 1.23% against the USD for the 24-hour period ending 23:00GMT, closing at 42.60, reversing its previous session gains, as persistent global supply glut concerns continue to weigh on oil prices. In the Asian … Continue reading →

Crude Oil Movement Crude Oil prices advanced 0.98% against the USD for the 24 hour period ending 23:00GMT, closing at 43.13, boosted by a less-than-expected rise in crude-oil inventories and a further decline in the number of U.S. oil rigs. … Continue reading →

Crude Oil Movement Crude Oil prices advanced 1.40% against the USD for the 24-hour period ending 23:00GMT, closing at 42.71, after tensions in the Middle East raised concerns over prospective oil supply disruptions. Separately, the American Petroleum Institute (API) reported … Continue reading →

Crude Oil Movement Crude Oil prices advanced 1.57% against the USD for the 24-hour period ending 23:00GMT, closing at 42.12, after Saudi Arabia pledged to work towards oil prices stability. However the gains in oil prices were capped as global … Continue reading →

Crude Oil Movement Crude Oil prices advanced 5.10% against the USD for the 24-hour period ending 23:00GMT, closing at 42.64, amid ECB stimulus hopes and after Baker Hughes report disclosed that US oil rig count fell during the previous week. … Continue reading →

Crude Oil Movement Crude Oil prices declined 0.25% against the USD for the 24 hour period ending 23:00GMT, closing at 40.57, as lingering concerns of global supply glut continue to weigh on oil prices. In the Asian session, at GMT0400, … Continue reading →

Crude Oil Movement Crude Oil prices declined 0.80% against the USD for the 24 hour period ending 23:00GMT, closing at 40.67, the Energy Information Administration (EIA) disclosed that US crude-oil stockpiles rose by 0.3 million barrels to 487.3 million barrels … Continue reading →

Crude Oil Movement Crude Oil prices declined 2.08% against the USD for the 24 hour period ending 23:00GMT, closing at 41.00, reversing its previous session gains, as global supply glut concerns returned to the fore. Separately, the American Petroleum Institute … Continue reading →

Crude Oil Movement Crude Oil prices advanced 2.55% against the USD for the 24 hour period ending 23:00GMT, closing at 41.87, amid speculation that geopolitical tensions in the Middle East could lead to potential oil supply disruptions. However, gains in … Continue reading →

Crude Oil Movement Crude Oil prices declined 2.78% against the USD for the 24 hour period ending 23:00GMT, closing at 40.55, extending its previous session losses, amid intensifying concerns over global supply glut. Oil prices came under pressure, after Baker … Continue reading →