Crude Oil Movement Crude Oil prices advanced 4.53% against the USD for the 24 hour period ending 23:00GMT, closing at 51.04, following better than expected initial jobless claims data from the US and also the European Commission’s positive take on … Continue reading →

Crude Oil Movement Crude Oil prices declined 5.90% against the USD for the 24 hour period ending 23:00GMT, closing at 48.83, after the Energy Information Administration showed that the US crude stockpiles expanded more than anticipated by 6.3 million barrels … Continue reading →

Crude Oil Movement Crude Oil prices advanced 4.03% against the USD for the 24 hour period ending 23:00GMT, closing at 51.89. Yesterday, the American Petroleum Institute (API) revealed that the US crude oil inventories rose by more than 6 million … Continue reading →

Crude Oil Movement Crude Oil prices advanced 5.54% against the USD for the 24 hour period ending 23:00GMT, closing at 49.88, extending its previous session high gains. Meanwhile, oil prices were further supported after a report revealed that the demand … Continue reading →

Crude Oil Movement On Friday, Crude Oil prices advanced 6.71% against the USD for the period ending 21:00GMT, closing at 47.58, as concerns of supply disruption rose following renewed violence in Iraq. In the Asian session, at GMT0400, the pair … Continue reading →

Crude Oil Movement Crude Oil prices advanced 0.34% against the USD for the 24 hour period ending 23:00GMT, closing at 44.59, after economic data from the US showed that the first-time claims for unemployment benefits in the nation declined more … Continue reading →

Crude Oil Movement Crude Oil prices declined 2.69% against the USD for the 24 hour period ending 23:00GMT, closing at 44.44, after the Energy Information Administration (EIA) in its weekly oil report showed that the US crude oil inventories jumped … Continue reading →

Crude Oil Movement Crude Oil prices advanced 1.02% against the USD for the 24 hour period ending 23:00GMT, closing at 45.67. Gains in oil prices were kept in check, after the American Petroleum Institute (API) revealed that the US crude … Continue reading →

Crude Oil Movement Crude Oil prices advanced 0.60% against the USD for the 24 hour period ending 23:00GMT, closing at 45.21, after the OPEC’s Secretary General, Abdalla El-Badri stated that the oil prices would go as high as $200 per … Continue reading →

Crude Oil Movement On Friday, Crude Oil prices declined 1.89% against the USD for the period ending 21:00GMT, closing at 45.64, as concerns over slowing demand and global supply glut combined with a rally in the greenback weighed on oil … Continue reading →

Crude Oil Movement Crude Oil prices declined 2.02% against the USD for the 24 hour period ending 23:00GMT, closing at 46.52, after the Energy Information Administration (EIA) revealed that the US crude inventories rose more than expected by 10.1 million … Continue reading →