Crude Oil Movement Crude Oil prices declined 0.89% against the USD for the 24 hour period ending 23:00GMT, closing at 93.85, after a weekly report from the Energy Information Administration (EIA) showed that crude stockpiles in the US unexpectedly rose … Continue reading →

Crude Oil Movement Crude Oil prices advanced 2.01% against the USD for the 24 hour period ending 23:00GMT, closing at 94.69, after the Organization of the Petroleum Exporting Countries (OPEC) stated that the cartel may slash its production targets. Meanwhile, … Continue reading →

Crude Oil Movement Crude Oil prices advanced 1.18% against the USD for the 24 hour period ending 23:00GMT, closing at 92.82. In the Asian session, at GMT0300, the pair is trading at 92.71, with the oil trading 0.12% lower from … Continue reading →

Crude Oil Movement On Friday, Crude Oil prices declined 0.84% against the USD for the period ending 21:00GMT, closing at 92.24, weighed down by ample global supplies and concerns of global slowdown in demand of the commodity. Additionally, oil prices … Continue reading →

Crude Oil Movement Crude Oil prices advanced 1.27% against the USD for the 24 hour period ending 23:00GMT, closing at 93.02, as geo-political tensions re-escalated following reports that the US would impose fresh sanctions on Russia. Meanwhile, the International Energy … Continue reading →

Crude Oil Movement Crude Oil prices declined 1.20% against the USD for the 24 hour period ending 23:00GMT, closing at 91.85, after the Energy Information Administration (EIA) reported that the US crude oil inventories fell lesser than expected by 1.0 … Continue reading →

Crude Oil Movement Crude Oil prices declined 0.13% against the USD for the 24 hour period ending 23:00GMT, closing at 92.97, as the Energy Information Administration (EIA) lowered its forecasts for oil prices in 2014 and 2015, on the back … Continue reading →

Crude Oil Movement Crude Oil prices declined 0.41% against the USD for the 24 hour period ending 23:00GMT, closing at 93.09, following an unexpected decline in Chinese imports, thereby raising concerns about the demand outlook of the commodity in the … Continue reading →

Crude Oil Movement On Friday, Crude Oil prices declined 1.14% against the USD for the period ending 21:00GMT, closing at 93.49, after the US reported downbeat non-farm employment data in August, raising concerns of the demand outlook of the commodity … Continue reading →

Crude Oil Movement Crude Oil prices declined 0.59% against the USD for the 24 hour period ending 23:00GMT, closing at 94.57, after the Energy Information Administration (EIA) reported that the US crude oil inventories dropped less than expected by 0.9 … Continue reading →

Crude Oil Movement Crude Oil prices advanced 2.11% against the USD for the 24 hour period ending 23:00GMT, closing at 95.13, following strong factory order data from the US, which raised the demand outlook from the world’s largest consumer of … Continue reading →