Crude Oil Movement Crude Oil prices declined 1.72% against the USD for the 24 hour period ending 23:00GMT, closing at 74.28, amid rising speculations that the Organization of Petroleum exporting Countries (OPEC’s) largest producers, Saudi Arabia and Kuwait were unwilling … Continue reading →

Crude Oil Movement Crude Oil prices declined 0.64% against the USD for the 24 hour period ending 23:00GMT, closing at 75.58, after the fuel demand outlook was threatened from the Japanese economy, world’s third biggest economy as official data revealed … Continue reading →

Crude Oil Movement On Friday, Crude Oil prices advanced 2.17% against the USD for the period ending 21:00GMT, closing at 75.94, amid rising speculations that the OPEC would be forced to slash its output after prices declined below $80 a … Continue reading →

Crude Oil Movement Crude Oil prices declined 3.33% against the USD for the 24 hour period ending 23:00GMT, closing at 74.33, amid rising speculations that the Organization of Petroleum Exporting Countries (OPEC) would maintain its current output levels, despite crude … Continue reading →

Crude Oil Movement Crude Oil prices declined 0.83% against the USD for the 24 hour period ending 23:00GMT, closing at 76.89, despite the Organization of Petroleum Exporting Countries (OPEC) in its monthly report showing that its combined production output eased … Continue reading →

Crude Oil Movement Crude Oil prices advanced 0.40% against the USD for the 24 hour period ending 23:00GMT, closing at 77.53. Yesterday, the United Arab Emirates’ Energy Minister Suhail Al Mazrouei stated that the continuous decline in prices of oil … Continue reading →

Crude Oil Movement Crude Oil prices declined 1.82% against the USD for the 24 hour period ending 23:00GMT, closing at 77.22, amid rising speculations that the Organization of Petroleum Exporting Countries (OPEC) would not decrease its production output in its … Continue reading →

Crude Oil Movement On Friday, Crude Oil prices advanced 0.98% against the USD for the period ending 21:00GMT, closing at 78.63, as the USD lost ground after the US economy added fewer jobs in October than expected, despite a decline … Continue reading →

Crude Oil Movement Crude Oil prices declined 1.36% against the USD for the 24 hour period ending 23:00GMT, closing at 77.87, after the Organization of Petroleum Exporting Countries (OPEC) slashed the demand forecast for its oil in its annual world … Continue reading →

Crude Oil Movement Crude Oil prices advanced 2.10% against the USD for the 24 hour period ending 23:00GMT, closing at 78.94, after the Energy Information Administration (EIA) revealed that the US crude oil inventories advanced less than expected by 0.5 … Continue reading →

Crude Oil Movement Crude Oil prices declined 1.29% against the USD for the 24 hour period ending 23:00GMT, closing at 77.32, extending its previous session losses. Meanwhile, the American Petroleum Institute (API) revealed that the US crude oil inventories dropped … Continue reading →