Crude Oil Movement Crude Oil prices advanced 6.13% against the USD for the 24 hour period ending 23:00GMT, closing at 46.04, reversing its previous session losses. Yesterday, the Energy Information Administration (EIA) disclosed that US crude-oil stockpiles rose by 3.4 … Continue reading →

Crude Oil Movement Crude Oil prices declined 1.14% against the USD for the 24 hour period ending 23:00GMT, closing at 43.38, over persistent concerns of a global oil supply glut. Oil prices remained under pressure, after the American Petroleum Institute … Continue reading →

Crude Oil Movement Crude Oil prices declined 1.64% against the USD for the 24 hour period ending 23:00GMT, closing at 43.88, as global supply glut concerns continued to weigh on oil prices. Meanwhile, Executive director of the International Energy Agency … Continue reading →

Crude Oil Movement Crude Oil prices declined 1.67% against the USD for the 24 hour period ending 23:00GMT, closing at 44.63, owing to concerns over global oil production. Meanwhile, as per the Baker Hughes weekly rig count report, the number … Continue reading →

Crude Oil Movement Crude Oil prices advanced 0.18% against the USD for the 24 hour period ending 23:00GMT, closing at 45.39, albeit global supply glut concerns continue to deepen. In the Asian session, at GMT0300, the pair is trading at … Continue reading →

Crude Oil Movement Crude Oil prices declined 1.24% against the USD for the 24 hour period ending 23:00GMT, closing at 45.31, after the Energy Information Administration (EIA) reported a strong build-up in US crude inventories. Yesterday, the EIA disclosed that … Continue reading →

Crude Oil Movement Crude Oil prices declined 0.59% against the USD for the 24 hour period ending 23:00GMT, closing at 45.88, after oscillating between gains and losses during the trading session. Separately, the American Petroleum Institute (API) reported that US … Continue reading →

Crude Oil Movement Crude Oil prices declined 2.74% against the USD for the 24 hour period ending 23:00GMT, closing at 46.15, over concerns of slowing economic growth in China, the world’s second largest energy consumer, as the nation’s economy grew … Continue reading →

Crude Oil Movement Crude Oil prices advanced 0.68% against the USD for the 24 hour period ending 23:00GMT, closing at 47.19, after the US oil rig count fell for the seventh consecutive week. Baker Hughes weekly rig count report, showed … Continue reading →

Crude Oil Movement Crude Oil prices advanced 1.19% against the USD for the 24 hour period ending 23:00GMT, closing at 46.87. However, gains were capped after the Energy Information Administration (EIA) reported a strong build-up in US crude inventories. The … Continue reading →

Crude Oil Movement Crude Oil prices declined 0.86% against the USD for the 24 hour period ending 23:00GMT, closing at 46.32, as concerns about a global supply glut kept the commodity’s price under pressure. Oil prices further came under pressure, … Continue reading →