Crude Oil Movement Crude Oil prices advanced 0.85% against the USD for the 24 hour period ending 23:00GMT, closing at 49.95. Yesterday, a leading bank projected oil futures to stay low for some more time, however added that its earlier … Continue reading →

Crude Oil Movement On Friday, Crude Oil prices declined 2.70% against the USD for the period ending 21:00GMT, closing at 49.64. In the Asian session, at GMT0400, the pair is trading at 49.37, with the oil trading 0.54% lower from … Continue reading →

Crude Oil Movement Crude Oil prices declined 1.14% against the USD for the 24 hour period ending 23:00GMT, closing at 51.02, reversing its previous session gains. During the day oil prices received support, amid supply concerns from Libya, after 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 51.61, after Saudi Arabia’s oil minister, Ali al-Naimi stated that he expects oil prices to stabilise with demand gradually rising, … Continue reading →

Crude Oil Movement Crude Oil prices advanced 1.61% against the USD for the 24 hour period ending 23:00GMT, closing at 50.56, as geopolitical tensions escalated after Israeli Prime Minister, Benjamin Netanyahu warned the Obama administration against accepting a weak nuclear … Continue reading →

Crude Oil Movement Crude Oil prices advanced 0.79% against the USD for the 24 hour period ending 23:00GMT, closing at 49.76. However, gains in oil prices were kept in check, as speculation of a nuclear deal with Tehran which could … Continue reading →

Crude Oil Movement On Friday, Crude Oil prices advanced 0.96% against the USD for the period ending 21:00GMT, closing at 49.30, after the US annualized 4Q GDP expanded more than expected, thus increasing  demand outlook of the commodity from the … Continue reading →

Crude Oil Movement Crude Oil prices declined 4.35% against the USD for the 24 hour period ending 23:00GMT, closing at 48.83, as the greenback strengthened and reduced the demand for the commodities as an alternative investment. Additionally, global supply glut … Continue reading →

Crude Oil Movement Crude Oil prices advanced 3.63% against the USD for the 24 hour period ending 23:00GMT, closing at 51.05, following an unexpected expansion in China’s manufacturing activity in February and after Saudi Arabia’s Oil minister, Ali al-Naimi mentioned … Continue reading →

Crude Oil Movement Crude Oil prices declined 0.38% against the USD for the 24 hour period ending 23:00GMT, closing at 49.26, after the American Petroleum Institute (API) data showed that US crude stocks expanded by 8.9 million barrels to 437.0 … Continue reading →

Crude Oil Movement Crude Oil prices declined 2.04% against the USD for the 24 hour period ending 23:00GMT, closing at 49.45, after Nigeria’s Oil Minister, Diezani Alison-Madueke stated that the Organization of Petroleum Exporting Countries (OPEC) could hold an emergency … Continue reading →