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 →

Crude Oil Movement Crude Oil prices declined 0.46% against the USD for the 24 hour period ending 23:00GMT, closing at 39.32. Meanwhile, EIA reported a fall of 5.5 million barrels in its US crude oil stock for the week ended … Continue reading →

Crude Oil Movement Crude Oil prices declined 0.46% against the USD for the 24 hour period ending 23:00GMT, closing at 39.32. Meanwhile, EIA reported a fall of 5.5 million barrels in its US crude oil stock for the week ended … Continue reading →

Crude Oil Movement Crude Oil prices advanced 3.03% against the USD for the 24 hour period ending 23:00GMT, closing at 39.50, after the American Petroleum Institute (API) reported a more than expected fall in the crude oil inventories in the … Continue reading →

Crude Oil Movement Crude Oil prices declined 4.48% against the USD for the 24 hour period ending 23:00GMT, closing at 38.34, amid worries over demand outlook following concerns about growth in China. In the Asian session, at GMT0300, the pair … Continue reading →

Crude Oil Movement On Friday, Crude Oil prices declined 2.07% against the USD for the period ending 20:00GMT, closing at 40.24, amid Chinese concerns. Meanwhile, Baker Hughes reported that oil rigs in the US rose by 2 to 674 for … Continue reading →

Crude Oil Movement Crude Oil prices advanced 1.08% against the USD for the 24 hour period ending 23:00GMT, closing at 41.09. In the Asian session, at GMT0300, the pair is trading at 40.69, with crude oil prices trading 0.97% lower … Continue reading →

Crude Oil Movement Crude Oil prices declined 4.06% against the USD for the 24 hour period ending 23:00GMT, closing at 40.65, after the EIA reported that the US crude oil inventories rose 2.6 million, the highest since April, for the … Continue reading →

Crude Oil Movement Crude Oil prices advanced 1.22% against the USD for the 24 hour period ending 23:00GMT, closing at 42.37, after the American Petroleum Institute (API) said that the US crude inventories dropped 2.3 million barrels in the previous … Continue reading →

Crude Oil Movement Crude Oil prices declined 0.48% against the USD for the 24 hour period ending 23:00GMT, closing at 41.86, as China’s slowdown and Japan’s contracting economy spurred worries about oil demand. News also emerged that the OPEC would … Continue reading →

Crude Oil Movement On Friday, Crude Oil prices advanced 0.45% against the USD for the period ending 21:00GMT, closing at 42.11, as industrial production in the US, the world’s biggest consumer of oil increased more than expected, thus raising the … Continue reading →