Crude Oil: Oil trading lower ahead of Baker Hughes weekly oil rig count data

Crude Oil Movement For the 24 hours to 23:00 GMT, Crude Oil declined 5.05% against the USD and closed at USD46.25 per barrel, as rise in the coronavirus cases outside China stoked fears that the fast spreading outbreak could slow … Continue reading

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Crude Oil: Oil trading lower in the morning session

Crude Oil Movement For the 24 hours to 23:00 GMT, Crude Oil declined 2.83% against the USD and closed at USD48.71 per barrel, as reports of a rise coronavirus cases in Europe and the Middle East fuelled worries about energy … Continue reading

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Crude Oil: Oil trading higher ahead of EIA’s crude stockpiles data

Crude Oil Movement For the 24 hours to 23:00 GMT, Crude Oil declined 2.60% against the USD and closed at USD50.13 per barrel, amid growing concerns about the impact of coronavirus on energy demand. Moreover, the American Petroleum Institute (API) … Continue reading

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Crude Oil: Oil trading higher ahead of API weekly crude inventories data

Crude Oil Movement For the 24 hours to 23:00 GMT, Crude Oil declined 0.96% against the USD and closed at USD51.47 per barrel, as a sharp rise in the number of coronavirus cases outside China stoked worries about crude demand. … Continue reading

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Crude Oil: Oil trading on a weaker footing this morning

Crude Oil Movement For the 24 hours to 23:00 GMT, Crude Oil declined 0.43% against the USD and closed at USD53.41 per barrel on Friday, amid a dispute between Saudi Arabia and Russia over the impact of China’s coronavirus outbreak … Continue reading

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Crude Oil: Oil trading lower, ahead of Baker Hughes weekly rig count data

Crude Oil Movement For the 24 hours to 23:00 GMT, Crude Oil rose 0.28% against the USD and closed at USD53.64 per barrel, after the US government reported a less-than-expected weekly rise in crude supplies. The US Energy Information Administration … Continue reading

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Crude Oil: Oil trading lower ahead of EIA’s weekly crude inventories data

Crude Oil Movement For the 24 hours to 23:00 GMT, Crude Oil rose 2.67% against the USD and closed at USD53.49 per barrel, after the US imposed tough sanctions on an arm of Russian oil company, Rosneft, raising oil supply … Continue reading

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Crude Oil: Oil trading higher in the morning session

Crude Oil Movement For the 24 hours to 23:00 GMT, Crude Oil rose 0.23% against the USD and closed at USD52.10 per barrel. In the Asian session, at GMT0400, the pair is trading at 52.62, with oil trading 1.00% higher … Continue reading

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Crude Oil: Oil trading lower ahead of the API weekly crude stockpiles data

Crude Oil Movement For the 24 hours to 23:00 GMT, Crude Oil declined 0.12% against the USD and closed at USD51.98 per barrel. In the Asian session, at GMT0400, the pair is trading at 51.68, with oil trading 0.58% lower … Continue reading

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Crude Oil: Oil trading marginally lower in the Asian session

Crude Oil Movement For the 24 hours to 23:00 GMT, Crude Oil rose 1.15% against the USD and closed at USD52.04 per barrel on Friday, as reports of oil purchases by Chinese refiners eased concerns about a slowdown in oil … Continue reading

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Crude Oil: Oil trading lower ahead of Baker Hughes weekly rig count data

Crude Oil Movement For the 24 hours to 23:00 GMT, Crude Oil declined 0.27% against the USD and closed at USD51.45 per barrel, amid spike in the number in the number of new coronavirus cases in China. In the Asian … Continue reading

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