Crude Oil Movement Crude Oil prices declined 1.76% against the USD for the 24 hour period ending 23:00GMT, closing at 55.12, amid demand growth concerns. In the Asian session, at GMT0400, the pair is trading at 54.44, with the oil … Continue reading →

Crude Oil Movement Crude Oil prices advanced 1.14% against the USD for the 24 hour period ending 23:00GMT, closing at 56.11, after the Energy Information Administration (EIA) reported that the US crude oil inventories fell by 847,000 barrels in the … Continue reading →

Crude Oil Movement Crude Oil prices advanced 0.16% against the USD for the 24 hour period ending 23:00GMT, closing at 55.48, rebounding from its earlier session losses. Separately, the American Petroleum Institute (API) revealed that the US crude oil inventories … Continue reading →

Crude Oil Movement Crude Oil prices declined 2.40% against the USD for the 24 hour period ending 23:00GMT, closing at 55.39, extending its previous session heavy losses. In the Asian session, at GMT0400, the pair is trading at 55.66, with … Continue reading →

Crude Oil Movement On Friday, Crude oil prices declined 2.60% against the USD for the period ending 21:00GMT, closing at 57.71, after the International Energy Agency (IEA) trimmed its demand outlook for the fourth time in five months by 230,000 … Continue reading →

Crude Oil Movement Crude Oil prices declined 3.31% against the USD for the 24 hour period ending 23:00GMT, closing at 59.25, amid rising speculations that the OPEC’s biggest members would fight for its market share against the US Shale producers. … Continue reading →

Crude Oil Movement Crude Oil prices declined 3.24% against the USD for the 24 hour period ending 23:00GMT, closing at 61.28, after the OPEC cut its forecast for global crude oil demand in 2015 by about 300,000 barrels a day, … Continue reading →

Crude Oil Movement Crude Oil prices advanced 0.65% against the USD for the 24 hour period ending 23:00GMT, closing at 63.33, rebounding from its previous session losses. Yesterday, the American Petroleum Institute (API) revealed that the US crude stockpiles unexpectedly … Continue reading →

Crude Oil Movement Crude Oil prices declined 2.96% against the USD for the 24 hour period ending 23:00GMT, closing at 62.92, after Iraq also followed Saudi Arabia in offering crude oil discounts to its customers in Asia, adding to signs … Continue reading →

Crude Oil Movement On Friday, Crude Oil prices declined 1.68% against the USD for the period ending 21:00GMT, closing at 65.67, amid rising speculations that the US oil producers would challenge the OPEC for market share. In the Asian session, … Continue reading →

Crude Oil Movement Crude Oil prices declined 0.91% against the USD for the 24 hour period ending 23:00GMT, closing at 66.79, extending its previous session losses, amid news reports that Saudi Arabia expected prices to stabilise around $60 per barrel. … Continue reading →