Crude Oil Movement For the 24 hours to 23:00 GMT, Crude Oil rose 7.51% against the USD and closed at USD33.34 per barrel on Friday. Baker Hughes reported that US oil rig count rose by 1 to 683 last week. … Continue reading →

Crude Oil Movement For the 24 hours to 23:00 GMT, Crude Oil declined 7.21% against the USD and closed at USD31.01 per barrel, after the US President, Donald Trump, announced ban on travellers from Europe to curb the spread of … Continue reading →

Crude Oil Movement For the 24 hours to 23:00 GMT, Crude Oil declined 2.79% against the USD and closed at USD33.42 per barrel, after the World Health Organisation declared the global coronavirus outbreak a pandemic and as Saudi Arabia and … Continue reading →

Crude Oil Movement For the 24 hours to 23:00 GMT, Crude Oil rose 7.74% against the USD and closed at USD34.38 per barrel, amid hopes of economic stimulus and after Russia hinted at further talks with Saudi Arabia. Separately, the … Continue reading →

Crude Oil Movement For the 24 hours to 23:00 GMT, Crude Oil rose 4.93% against the USD and closed at USD31.91 per barrel, despite oil price war. In the Asian session, at GMT0400, the pair is trading at 33.27, with … Continue reading →

Crude Oil Movement For the 24 hours to 23:00 GMT, Crude Oil tumbled 10.33% against the USD and closed at USD41.33 per barrel on Friday, as a three-year deal between the Organisation of the Petroleum Exporting Countries (OPEC) and Russia … Continue reading →

Crude Oil Movement For the 24 hours to 23:00 GMT, Crude Oil declined 2.50% against the USD and closed at USD46.09 per barrel, amid heightened worries over the fast-spreading coronavirus and ahead of a final decision by the Organisation of … Continue reading →

Crude Oil Movement For the 24 hours to 23:00 GMT, Crude Oil rose 0.64% against the USD and closed at USD47.27 per barrel. The US Energy Information Administration (EIA) reported that crude oil inventories rose by 785,000 bls in the … Continue reading →

Crude Oil Movement For the 24 hours to 23:00 GMT, Crude Oil declined 1.80% against the USD and closed at USD46.97 per barrel, after the American Petroleum Institute (API) reported that crude oil inventories rose by 1.7 million barrels last … Continue reading →

Crude Oil Movement For the 24 hours to 23:00 GMT, Crude Oil rose 3.55% against the USD and closed at USD47.83 per barrel, amid hopes that the Organisation of the Petroleum Exporting Countries (OPEC) and its allies would implement deeper … Continue reading →

Crude Oil Movement For the 24 hours to 23:00 GMT, Crude Oil declined 2.64% against the USD and closed at USD45.03 per barrel on Friday, amid persistent fears that the spread of coronavirus could affect energy demand. Separately, Baker Hughes … Continue reading →