Crude Oil Movement Crude Oil prices advanced 0.21% against the USD for the 24 hour period ending 23:00GMT, closing at 91.10, as an upbeat initial jobless claims data in the US raised the demand outlook of the commodity from the … Continue reading →

Crude Oil Movement Crude Oil prices declined 0.58% against the USD for the 24 hour period ending 23:00GMT, closing at 90.91 following dismal Eurozone macroeconomic data. Losses were capped after the Energy Information Administration (EIA) reported that the US crude … Continue reading →

Crude Oil Movement Crude Oil prices declined 3.06% against the USD for the 24 hour period ending 23:00GMT, closing at 91.44. The American Petroleum Institute (API) reported a mild drop of 463,000 barrels in the US crude inventories last week. … Continue reading →

Crude Oil Movement Crude Oil prices advanced 1.39% against the USD for the 24 hour period ending 23:00GMT, closing at 94.33, after data revealed that the consumer spending rose more than expected in August in the US, the world’s biggest … Continue reading →

Crude Oil Movement On Friday, Crude Oil prices advanced 1.02% against the USD for the period ending 21:00GMT, closing at 93.42, as cheerful economic growth data from the US raised the commodity’s demand outlook from the world’s biggest consumer of … Continue reading →

Crude Oil Movement Crude Oil prices declined 0.44% against the USD for the 24 hour period ending 23:00GMT, closing at 92.48, despite rising geopolitical tensions in the Middle East. In the Asian session, at GMT0300, the pair is trading at … Continue reading →

Crude Oil Movement Crude Oil prices advanced 1.38% against the USD for the 24 hour period ending 23:00GMT, closing at 92.89, after the Energy Information Administration (EIA) reported that the US crude inventories fell by 4.3 million barrels in the … Continue reading →

Crude Oil Movement Crude Oil prices advanced 0.85% against the USD for the 24 hour period ending 23:00GMT, closing at 91.63, after the American Institute of Petroleum (API) reported that the US crude oil stocks dropped 6.5 million barrel in … Continue reading →

Crude Oil Movement Crude Oil prices declined 1.68% against the USD for the 24 hour period ending 23:00GMT, closing at 90.86, as demand growth concerns raised after downbeat economic data from the US and following ECB President’s statement that the … Continue reading →

Crude Oil Movement On Friday, Crude Oil prices declined 0.41% against the USD for the period ending 21:00GMT, closing at 92.64. In the Asian session, at GMT0300, the pair is trading at 92.13, with the oil trading 0.55% lower from … Continue reading →

Crude Oil Movement Crude Oil prices declined 0.88% against the USD for the 24 hour period ending 23:00GMT, closing at 93.02, after a report from the OPEC revealed that it might not cut its production target, despite the market already … Continue reading →