Crude Oil Movement On Friday, Crude Oil prices declined 0.20% against the USD for the period ending 21:00GMT, closing at 82.93. However, losses were capped after the US reported upbeat housing starts data and after consumer sentiment rose more than … Continue reading →

Crude Oil Movement Crude Oil prices advanced 2.96% against the USD for the 24 hour period ending 23:00GMT, closing at 83.10, as industrial production in the US rebounded strongly in September, thereby increasing the demand outlook of the commodity from … Continue reading →

Crude Oil Movement Crude Oil prices declined 1.98% against the USD for the 24 hour period ending 23:00GMT, closing at 80.71, after the American Petroleum Institute (API) reported that the US crude oil inventories rose by 10 million barrels to … Continue reading →

Crude Oil Movement Crude Oil prices declined 3.11% against the USD for the 24 hour period ending 23:00GMT, closing at 82.34, after the International Energy Agency (IEA) trimmed its oil demand forecast for 2015, for the fourth consecutive month, citing … Continue reading →

Crude Oil Movement Crude Oil prices advanced 0.12% against the USD for the 24 hour period ending 23:00GMT, closing at 84.98. Crude prices continued to remain below its crucial $90 per barrel after Middle East producers hinted that they would … Continue reading →

Crude Oil Movement On Friday, Crude Oil prices advanced 0.99% against the USD for the period ending 21:00GMT, closing at 85.33. On Sunday, the Kuwait oil minister Ali al-Omair stated that the Organization of Petroleum Exporting Countries would refrain from … Continue reading →

Crude Oil Movement Crude Oil prices declined 3.79% against the USD for the 24 hour period ending 23:00GMT, closing at 84.49.Oil prices slumped below $90 per barrel, its lowest level in 27 months, amid a stronger US Dollar, global glut … Continue reading →

Crude Oil Movement Crude Oil prices declined 0.82% against the USD for the 24 hour period ending 23:00GMT, closing at 87.82, after the Energy Information Administration (EIA) showed that the US crude oil inventories rose by 5.015 million barrels to … Continue reading →

Crude Oil Movement Crude Oil prices declined 1.99% against the USD for the 24 hour period ending 23:00GMT, closing at 88.55, after the IMF trimmed its global economic growth forecasts for the third time this year, raising demand concerns of … Continue reading →

Crude Oil Movement Crude Oil prices advanced 0.94% against the USD for the 24 hour period ending 23:00GMT, closing at 90.35. However, gains in crude oil were limited after the World Bank slashed China’s growth forecast for the current fiscal, … Continue reading →

Crude Oil Movement On Friday, Crude Oil prices declined 1.42% against the USD for the period ending 21:00GMT, closing at 89.81 on the back of stronger greenback after the US reported robust employment data. In the Asian session, at GMT0300, … Continue reading →