Crude Oil Movement For the 24 hours to 23:00 GMT, the Crude Oil rose 0.25% and closed at 47.56, as the demand outlook of the commodity rose after the preliminary reading of the manufacturing activity data from most parts of … Continue reading →

Crude Oil Movement Crude Oil prices advanced 2.82% against the USD for the 24 hour period ending 23:00GMT, closing at 47.44, boosted by a falling US Dollar, despite the market already facing a supply glut. In the Asian session, at … Continue reading →

Crude Oil Movement On Friday, Crude Oil prices advanced 6.04% against the USD for the period ending 21:00GMT, closing at 46.37, despite global stockpiles rising continuously. In the Asian session, at GMT0400, the pair is trading at 46.03, with the … Continue reading →

Crude Oil Movement Crude Oil prices declined 1.93% against the USD for the 24 hour period ending 23:00GMT, closing at 43.73, amid a broad strength in the greenback and after a minister from the OPEC stated that the cartel had … Continue reading →

Crude Oil Movement Crude Oil prices advanced 4.84% against the USD for the 24 hour period ending 23:00GMT, closing at 44.59, amid a broad weakening in the greenback, following the FOMC meeting. Gains in oil prices were kept in check, … Continue reading →

Crude Oil Movement Crude Oil prices declined 2.74% against the USD for the 24 hour period ending 23:00GMT, closing at 42.53, after the American Petroleum Institute (API) data showed that US crude oil stocks expanded by 10.5 million to 450 … Continue reading →

Crude Oil Movement Crude Oil prices declined 0.46% against the USD for the 24 hour period ending 23:00GMT, closing at 43.73, as reports came in that oil sanctions on Iran would be removed, boosting the nation’s oil exports and adding … Continue reading →

Crude Oil Movement On Friday, Crude Oil prices declined 3.86% against the USD for the period ending 21:00GMT, closing at 45.14, amid a broad rally in the greenback coupled with the International Energy Agency (IEA) warning that the global oil … Continue reading →

Crude Oil Movement Crude Oil prices declined 2.88% against the USD for the 24 hour period ending 23:00GMT, closing at 46.95, on supply glut concerns. In the Asian session, at GMT0400, the pair is trading at 47.1, with the gold … Continue reading →

Crude Oil Movement Crude Oil prices declined 0.70% against the USD for the 24 hour period ending 23:00GMT, closing at 48.34, extending its previous session losses, after the Energy Information Administration (EIA) data showed that US crude oil inventories climbed … Continue reading →

Crude Oil Movement Crude Oil prices declined 2.54% against the USD for the 24 hour period ending 23:00GMT, closing at 48.68, as a broad strength in the greenback decreased the demand for the commodities as an alternative investment. Yesterday, the … Continue reading →