Crude Oil Movement Crude Oil prices declined 0.72% against the USD for the 24 hour period ending 23:00GMT, closing at 56.74, despite growing concerns that the fighting in Yemen could impact crude supplies. In the Asian session, at GMT0300, the … Continue reading →

Crude Oil Movement On Friday, Crude Oil prices declined 0.66% against the USD for the period ending 21:00GMT, closing at 57.20. In the Asian session, at GMT0300, the pair is trading at 57.07, with the oil trading 0.23% lower from … Continue reading →

Crude Oil Movement Crude Oil prices advanced 2.22% against the USD for the 24 hour period ending 23:00GMT, closing at 57.58, after renewed violence in Yemen, heightened concerns about the Middle East oil supplies. In the Asian session, at GMT0300, … Continue reading →

Crude Oil Movement Crude Oil prices declined 0.16% against the USD for the 24 hour period ending 23:00GMT, closing at 56.33, after the weekly oil inventory report from the EIA showed that crude oil stocks expanded more than expected, amid … Continue reading →

Crude Oil Movement Crude Oil prices advanced 0.14% against the USD for the 24 hour period ending 23:00GMT, closing at 56.42, as tensions escalated in Yemen. However, gains in oil prices were kept in check, after the American Petroleum Institute … Continue reading →

Crude Oil Movement Crude Oil prices advanced 0.21% against the USD for the 24 hour period ending 23:00GMT, closing at 56.34. Gains in oil prices were kept in check, after Saudi Arabia’s Oil Minister, Ali al-Naimi stated that the nation’s … Continue reading →

Crude Oil Movement On Friday, Crude Oil prices declined 1.01% against the USD for the period ending 21:00GMT, closing at 56.06, as the active drilling oil rigs in US dropped by 26 units to 734 rigs. In the Asian session, … Continue reading →

Crude Oil Movement Crude Oil prices advanced 1.03% against the USD for the 24 hour period ending 23:00GMT, closing at 56.63, after the Organization of the Petroleum Exporting Countries (OPEC) stated that demand for its crude was expected to improve … Continue reading →

Crude Oil Movement Crude Oil prices advanced 4.71% against the USD for the 24 hour period ending 23:00GMT, closing at 56.05, after the International Energy Agency (IEA) revised upward its demand growth estimate for 2015 by 90,000 barrels a day … Continue reading →

Crude Oil Movement Crude Oil prices advanced 3.02% against the USD for the 24 hour period ending 23:00GMT, closing at 53.53, amid signs of falling US oil production. Oil prices were further supported after the American Petroleum Institute (API) showed … Continue reading →

Crude Oil Movement Crude Oil prices advanced 0.76% against the USD for the 24 hour period ending 23:00GMT, closing at 51.96, as downbeat economic data from China spurred expectations that the policymakers in Beijing would be urged to implement additional … Continue reading →