Crude Oil Movement Crude Oil prices declined 2.56% against the USD for the 24 hour period ending 23:00GMT, closing at 78.33. Oil prices fell below $79 a barrel for the first time since June 2012 following news that Saudi Arabia, … Continue reading →

Crude Oil Movement On Friday, Crude Oil prices declined 0.26% against the USD for the period ending 21:00GMT, closing at 80.75. In the Asian session, at GMT0400, the pair is trading at 80.35, with the oil trading 0.5% lower from … Continue reading →

Crude Oil Movement Crude Oil prices declined 1.28% against the USD for the 24 hour period ending 23:00GMT, closing at 80.96, following bullishness in the dollar and after reports indicated that the Organization of Petroleum Exporting Countries (OPEC) increased its … Continue reading →

Crude Oil Movement Crude Oil prices advanced 0.64% against the USD for the 24 hour period ending 23:00GMT, closing at 82.01, after the Energy Information Administration (EIA) showed that the US crude oil inventories increased by 2.1 million barrels to … Continue reading →

Crude Oil Movement Crude Oil prices advanced 1.00% against the USD for the 24 hour period ending 23:00GMT, closing at 81.49, as the US reported upbeat consumer confidence data in October thus raising the demand outlook of the commodity from … Continue reading →

Crude Oil Movement Crude Oil prices declined 0.51% against the USD for the 24 hour period ending 23:00GMT, closing at 80.68, after the US reported weaker pending home sales data, thus increasing concerns of the demand outlook of the commodity … Continue reading →

Crude Oil Movement On Friday, Crude Oil prices declined 0.76% against the USD for the period ending 21:00GMT, closing at 81.23, after a leading broker slashed its price projections for crude, stating that supply growth from non-OPEC producers would outpace … Continue reading →

Crude Oil Movement Crude Oil prices advanced 1.83% against the USD for the 24 hour period ending 23:00GMT, closing at 81.85, after reports came in that Saudi Arabia, world’s biggest oil exporter reduced its production output last month. Saudi Arabia … Continue reading →

Crude Oil Movement Crude Oil prices declined 2.84% against the USD for the 24 hour period ending 23:00GMT, closing at 80.38, after the Energy Information Administration (EIA) in its weekly oil report showed that the US crude stockpiles increased 7.1 … Continue reading →

Crude Oil Movement Crude Oil prices traded a tad lower against the USD for the 24 hour period ending 23:00GMT, closing at 82.73, after the American Petroleum Institute (API) showed a 1.2 million barrel increase in the US crude oil … Continue reading →

Crude Oil Movement Crude Oil prices advanced 0.73% against the USD for the 24 hour period ending 23:00GMT, closing at 82.75, after the Organization of the Petroleum Exporting Countries (OPEC) reported that it would maintain high output levels, despite increasing … Continue reading →