Crude Oil Movement Crude Oil prices advanced 2.49% against the USD for the 24 hour period ending 23:00GMT, closing at 48.95, after the EIA disclosed that US crude oil stocks eased more than market anticipations. The Energy Information Administration revealed … Continue reading →

Crude Oil Movement Crude Oil prices advanced 1.51% against the USD for the 24 hour period ending 23:00GMT, closing at 47.76, rebounding from its previous session losses. Separately, the American Petroleum Institute (API) disclosed that US crude oil inventories fell … Continue reading →

Crude Oil Movement Crude Oil prices declined 2.06% against the USD for the 24 hour period ending 23:00GMT, closing at 47.05, owning to continued concerns of a global supply glut. In the Asian session, at GMT0300, the pair is trading … Continue reading →

Crude Oil Movement On Friday, Crude Oil prices declined 1.07% against the USD for the period ending 21:00GMT, closing at 48.18, as global supply concerns continued to worry the oil market. Oil prices further came under pressure, after China once … Continue reading →

Crude Oil Movement Crude Oil prices declined 1.08% against the USD for the 24 hour period ending 23:00GMT, closing at 48.70, as concerns of global supply glut continued to hit oil prices. In the Asian session, at GMT0300, the pair … Continue reading →

Crude Oil Movement Crude Oil prices declined 2.67% against the USD for the 24 hour period ending 23:00GMT, closing at 49.23, on renewed concerns over build-up in oil inventories, after the Energy Information Administration (EIA) revealed that US crude oil … Continue reading →

Crude Oil Movement Crude Oil prices advanced 1.16% against the USD for the 24 hour period ending 23:00GMT, closing at 50.58. However, the commodity pared most of its gains, after the American Petroleum Institute (API) disclosed that US crude oil … Continue reading →

Crude Oil Movement Crude Oil prices declined 1.69% against the USD for the 24 hour period ending 23:00GMT, closing at 50.00, amid a broad strength in the greenback which continued to hit the dollar-denominated commodity. Oil prices remained under pressure, owing … Continue reading →

Crude Oil Movement On Friday, Crude Oil prices declined 0.43% against the USD for the period ending 21:00GMT, closing at 50.80, on continued fears of an oversupply, once Iran ramps up its production and starts shipping it to the global … Continue reading →

Crude Oil Movement Crude Oil prices declined 1.32% against the USD for the 24 hour period ending 23:00GMT, closing at 51.02, extending its earlier session losses, as fears of fresh crude-oil glut continued to hit the commodity’s price. In the … Continue reading →

Crude Oil Movement Crude Oil prices declined 3.00% against the USD for the 24 hour period ending 23:00GMT, closing at 51.70, on escalated concerns of a global oil oversupply, after Iran clinched a deal with the West and eventually led … Continue reading →