Crude Oil Movement On Friday, Crude Oil prices declined 0.86% against the USD for the period ending 21:00GMT, closing at 50.92, amid concerns of continued global supply glut. In the Asian session, at GMT0400, the pair is trading at 50.89, … Continue reading →

Crude Oil Movement Crude Oil prices advanced 1.99% against the USD for the 24 hour period ending 23:00GMT, closing at 51.36. However, gains in oil prices were kept in check after the Energy Information Administration (EIA) data showed that US … Continue reading →

Crude Oil Movement Crude Oil prices declined 5.16% against the USD for the 24 hour period ending 23:00GMT, closing at 50.36, as worries over a supply glut resurfaced after the American Petroleum Institute (API) data revealed that US crude oil … Continue reading →

Crude Oil Movement Crude Oil prices advanced 0.59% against the USD for the 24 hour period ending 23:00GMT, closing at 53.10, as violence continued to escalate in Libya. Meanwhile, no deal between Greece and its Euro-zone creditors provided support for … Continue reading →

Crude Oil Movement Crude Oil prices declined 0.92% against the USD for the 24 hour period ending 23:00GMT, closing at 52.79, reversing its previous session gains. Losses were kept in check, as supply concerns stoked following violence in Libya and … Continue reading →

Crude Oil Movement On Friday, Crude Oil prices advanced 2.87% against the USD for the period ending 21:00GMT, closing at 52.71, following an upbeat 4Q GDP data in the Euro-zone, thereby raising the demand prospects of the commodity. In the … Continue reading →

Crude Oil Movement Crude Oil prices advanced 4.04% against the USD for the 24 hour period ending 23:00GMT, closing at 51.24, amid a broad weakening in the US Dollar. Oil prices were also supported, after Russia and Ukraine agreed to … Continue reading →

Crude Oil Movement Crude Oil prices declined 2.94% against the USD for the 24 hour period ending 23:00GMT, closing at 49.25, after the Energy Information Administration (EIA) data showed that US crude oil inventories rose by 4.9 million barrels to … Continue reading →

Crude Oil Movement Crude Oil prices declined 3.19% against the USD for the 24 hour period ending 23:00GMT, closing at 50.74, after the International Energy Agency (IEA) warned that global supplies would continue to rise. The agency also predicted that … Continue reading →

Crude Oil Movement Crude Oil prices declined 0.27% against the USD for the 24 hour period ending 23:00GMT, closing at 52.41. Losses in oil prices were kept in check, after the Organization of the Petroleum Exporting Countries (OPEC) raised its … Continue reading →

Crude Oil Movement On Friday, Crude Oil prices advanced 1.70% against the USD for the period ending 21:00GMT, closing at 51.91, as encouraging US non-farm payrolls data boosted the demand expectations of the commodity, from the world’s largest consumer of … Continue reading →