Crude Oil Movement Crude Oil prices advanced 2.60% against the USD for the 24 hour period ending 23:00GMT, closing at 53.30. However, during the day, oil prices had fallen sharply, after Iran reached a historic long-awaited nuclear deal with the … Continue reading →

Crude Oil Movement Crude Oil prices declined 0.15% against the USD for the 24 hour period ending 23:00GMT, closing at 51.95, after Saudi Arabia, world’s biggest oil exporter informed OPEC that it has raised its crude oil production output to … Continue reading →

Crude Oil Movement On Friday, Crude Oil prices advanced 0.19% against the USD for the period ending 21:00GMT, closing at 52.80. Gain in oil prices were kept in check, on demand growth concerns, after the International Energy Agency (IEA) forecasted … Continue reading →

Crude Oil Movement Crude Oil prices advanced 1.42% against the USD for the 24 hour period ending 23:00GMT, closing at 52.70, rebounding strongly from its previous session losses, with investors keeping a close eye on the Chinese stock market for … Continue reading →

Crude Oil Movement Crude Oil prices declined 1.57% against the USD for the 24 hour period ending 23:00GMT, closing at 51.96, after the Energy Information Administration (EIA) revealed that crude stockpiles in US unexpectedly increased last week. The EIA disclosed … Continue reading →

Crude Oil Movement Crude Oil prices declined 0.19% against the USD for the 24 hour period ending 23:00GMT, closing at 52.79, as the fear of global over supply continued to hit the commodity’s price. Meanwhile, the negotiations on Iran’s nuclear … Continue reading →

Crude Oil Movement Crude Oil prices declined 3.70% against the USD for the 24 hour period ending 23:00GMT, closing at 52.89, ahead of the meeting between Iran and the Western powers, as an agreement between the two would raise concerns … Continue reading →

Crude Oil Movement On Friday, Crude Oil prices declined 1.94% against the USD for the period ending 21:00GMT, closing at 55.52. In the Asian session, at GMT0300, the pair is trading at 54.99, with the oil trading 0.95% lower from … Continue reading →

Crude Oil Movement Crude Oil prices declined 0.60% against the USD for the 24 hour period ending 23:00GMT, closing at 56.62, extending its previous session losses. Meanwhile, a report showed that the number of active oil drilling rigs in the … Continue reading →

Crude Oil Movement Crude Oil prices declined 4.22% against the USD for the 24 hour period ending 23:00GMT, closing at 56.96, after the Energy Information Administration (EIA) disclosed that US crude oil inventories increased for the first time in the … Continue reading →

Crude Oil Movement Crude Oil prices advanced 2.08% against the USD for the 24 hour period ending 23:00GMT, closing at 59.47, as deadline for Iran’s nuclear deal was extended by a week. On the other hand, the OPEC’s oil production … Continue reading →