Crude Oil Movement Crude Oil prices declined 2.79% against the USD for the 24 hour period ending 23:00GMT, closing at 93.16, following concerns that global supply is outstripping demand. In the Asian session, at GMT0300, the pair is trading at … Continue reading →

Crude Oil Movement Crude Oil prices advanced 0.08% against the USD for the 24 hour period ending 23:00GMT, closing at 95.83, as supply concerns rose after tensions in a number of major oil producing countries continued to remain on the … Continue reading →

Crude Oil Movement On Friday, Crude Oil prices advanced 1.40% against the USD for the period ending 21:00GMT, closing at 95.88, after data showed that the US consumer sentiment rebounded sharply to a 7-year high in July, thus improving 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 94.56, amid supply concerns on the recent developments in Eastern Ukraine. Additionally, encouraging data from the US economy improved the … Continue reading →

Crude Oil Movement Crude Oil prices declined 0.09% against the USD for the 24 hour period ending 23:00GMT, closing at 93.76, despite the Energy Information Administration (EIA) reporting that the US crude oil inventories dropped by 2.1 million barrels to … Continue reading →

Crude Oil Movement Crude Oil prices advanced 0.46% against the USD for the 24 hour period ending 23:00GMT, closing at 93.84, as strong durable goods data and consumer confidence from the US boosted economic optimism in the world’s largest consumer … Continue reading →

Crude Oil Movement Crude Oil prices traded flat against the USD for the 24 hour period ending 23:00GMT, closing at 93.41. However, during the day oil prices came under pressure as geopolitical tensions escalated in the Middle East and Ukraine. … Continue reading →

Crude Oil Movement Crude Oil prices advanced 0.30% against the USD for the 24 hour period ending 23:00GMT, closing at 93.84, as upbeat economic data from the US more than offset China’s weak factory output and dismal Euro-zone macroeconomic data. … Continue reading →

Crude Oil Movement Crude Oil prices declined 1.36% against the USD for the 24 hour period ending 23:00GMT, closing at 93.56, despite the Energy Information Administration (EIA) reporting a more-than-expected drop of 4.5 million barrels for the week ended August … Continue reading →

Crude Oil Movement Crude Oil prices declined 1.91% against the USD for the 24 hour period ending 23:00GMT, closing at 94.85, geopolitical tensions in Ukraine, Iraq and Libya faded. Meanwhile, the US President Barack Obama stated that the US army … Continue reading →

Crude Oil Movement Crude Oil prices declined 0.12% against the USD for the 24 hour period ending 23:00GMT, closing at 96.70, as conflict in Ukraine and Iraq eased. In the Asian session, at GMT0300, Crude Oil is trading at 96.79, … Continue reading →