Crude Oil Movement Crude Oil prices declined 0.31% against the USD for the 24 hour period ending 23:00GMT, closing at 67.40. However, losses were capped after a weekly report from the Energy Information Administration (EIA) showed that the US crude … Continue reading →

Crude Oil Movement Crude Oil prices declined 2.34% against the USD for the 24 hour period ending 23:00GMT, closing at 67.61, after Iraq’s government made a deal with Kurds regarding oil exports, thus adding to oversupply concerns. Separately, the American … Continue reading →

Crude Oil Movement Crude Oil prices advanced 4.74% against the USD for the 24 hour period ending 23:00GMT, closing at 69.23, rebounding from its previous session heavy losses as weakness in the dollar increased the demand for alternative investments. In … Continue reading →

Crude Oil Movement On Friday, Crude Oil prices declined 3.97% against the USD for the period ending 21:00GMT, closing at 66.10, extending its previous session losses, after the OPEC refrained from cutting its production output in its meeting on November … Continue reading →

Crude Oil Movement Crude Oil prices declined 6.35% against the USD for the 24 hour period ending 23:00GMT, closing at 68.83, marking its lowest level in 4 years, after the OPEC, in its meeting in Vienna, opted to keep its … Continue reading →

Crude Oil Movement Crude Oil prices declined 0.54% against the USD for the 24 hour period ending 23:00GMT, closing at 73.50, amid rising speculations that the Organization of the Petroleum Exporting Countries (OPEC’s) would not trim its production output level, … Continue reading →

Crude Oil Movement Crude Oil prices declined 2.33% against the USD for the 24 hour period ending 23:00GMT, closing at 73.90, after reports indicated that a meeting of four major oil producers failed to agree on production cuts, ahead of … Continue reading →

Crude Oil Movement Crude Oil prices declined 1.34% against the USD for the 24 hour period ending 23:00GMT, closing at 75.66, ahead of the Organization of the Petroleum Exporting Countries (OPEC’s) key meeting, scheduled on November 30 at Vienna, where … Continue reading →

Crude Oil Movement On Friday, Crude Oil prices declined 0.27% against the USD for the period ending 21:00GMT, closing at 76.41. However, losses were trimmed amid rising speculations that the Iranian Oil Minister, Bijan Namdar Zanganeh would urge the OPEC … Continue reading →

Crude Oil Movement Crude Oil prices advanced 3.12% against the USD for the 24 hour period ending 23:00GMT, closing at 76.62, amid speculations that the Organization of the Petroleum Exporting Countries (OPEC) would take action at its November 27 meeting … Continue reading →

Crude Oil Movement Crude Oil prices traded a tad higher against the USD for the 24 hour period ending 23:00GMT, closing at 74.30. Separately, the Energy Information Administration (EIA) showed that the US crude stockpiles unexpectedly gained by 2.6 million … Continue reading →