Crude Oil Movement On Friday, Crude Oil prices declined 1.78% against the USD for the period ending 21:00GMT, closing at 44.77, after a global leading investment bank projected a steep decline in crude oil prices, citing over-production and concerns over … Continue reading →

Crude Oil Movement Crude Oil prices advanced 3.15% against the USD for the 24 hour period ending 23:00GMT, closing at 45.58, despite the Energy Information Administration (EIA) revealing that US crude oil stocks topped analyst expectations. Yesterday, the EIA disclosed … Continue reading →

Crude Oil Movement Crude Oil prices declined 3.07% against the USD for the 24 hour period ending 23:00GMT, closing at 44.19, after the Energy Information Administration (EIA), in its monthly report, trimmed its crude oil price forecast for this year … Continue reading →

Crude Oil Movement Crude Oil prices advanced 2.47% against the USD for the 24 hour period ending 23:00GMT, closing at 45.59, as better than expected Q2 GDP growth data of the Euro-zone outweighed global supply glut, thus enhancing the demand … Continue reading →

Crude Oil Movement Crude Oil prices declined 2.73% against the USD for the 24 hour period ending 23:00GMT, closing at 44.49, as high supply level continue to weigh on the commodity’s price. In the Asian session, at GMT0300, the pair … Continue reading →

Crude Oil Movement On Friday, Crude Oil prices declined 1.39% against the USD for the period ending 21:00GMT, closing at 46.04, after mixed US jobs data raised demand growth concerns for the commodity from the world’s largest consumer of oil. … Continue reading →

Crude Oil Movement Crude Oil prices advanced 1.19% against the USD for the 24 hour period ending 23:00GMT, closing at 46.69, as the ECB hinted towards additional monetary stimulus measures, which could increase the demand outlook of the commodity. In … Continue reading →

Crude Oil Movement Crude Oil prices advanced 4.51% against the USD for the 24 hour period ending 23:00GMT, closing at 46.14, rebounding from its previous session losses, despite the Energy Information Administration (EIA) disclosing a strong build up in US … Continue reading →

Crude Oil Movement Crude Oil prices declined 7.35% against the USD for the 24 hour period ending 23:00GMT, closing at 44.15, owning to concerns about a weak Chinese economic growth, thereby dampening the demand outlook of the commodity from the … Continue reading →

Crude Oil Movement For the 24 hours to 23:00 GMT, Crude Oil prices advanced 6.60% against the USD, closing at 47.65. Yesterday, OPEC’s bulletin claimed that the oil cartel “stands ready to talk to all producers,” in order to stabilize … Continue reading →

Crude Oil Movement Crude Oil prices advanced 8.09% against the USD for the 24 hour period ending 23:00GMT, closing at 42.50 and notching the biggest one-day climb in 6 years, as upbeat economic data from US and Japan raised the … Continue reading →