Crude Oil Movement For the 24 hours to 23:00 GMT, Crude Oil prices rose 1.68% against the USD and closed at USD53.76 per barrel yesterday, after the American Petroleum Institute reported that crude oil inventories surprisingly declined by 4.27 million … Continue reading →

Crude Oil Movement For the 24 hours to 23:00 GMT, Crude Oil declined 2.45% against the USD and closed at USD52.87 per barrel yesterday, amid rising concerns about global crude oil demand, as the death toll from China’s coronavirus rapidly … Continue reading →

Crude Oil Movement For the 24 hours to 23:00 GMT, Crude Oil declined 2.72% against the USD and closed at USD54.29 per barrel on Friday, amid rising concerns that China’s coronavirus might spread to other countries, thus curbing travel and … Continue reading →

Crude Oil Movement For the 24 hours to 23:00 GMT, Crude Oil declined 0.64% against the USD and closed at USD55.81 per barrel, amid speculation that China’s virus could lower fuel demand. Meanwhile, the Energy Information Administration (EIA) reported that … Continue reading →

Crude Oil Movement For the 24 hours to 23:00 GMT, Crude Oil declined 3.65% against the USD and closed at USD56.17 per barrel, on demand worries and after the International Energy Agency predicted an oversupply in crude oil market. Additionally, … Continue reading →

Crude Oil Movement For the 24 hours to 23:00 GMT, Crude Oil declined 0.88% against the USD and closed at USD58.30 per barrel, amid worries over rising global supplies and a potential slowdown in the global economy. In the Asian … Continue reading →

Crude Oil Movement For the 24 hours to 23:00 GMT, Crude Oil declined 0.46% against the USD and closed at USD58.82 per barrel, despite geopolitical tensions in Libya and Iraq. In the Asian session, at GMT0400, the pair is trading … Continue reading →

Crude Oil Movement For the 24 hours to 23:00 GMT, Crude Oil declined 0.05% against the USD and closed at USD58.60 per barrel on Friday. Separately, Baker Hughes reported that US oil rig count rose by 14 to 673 last … Continue reading →

Crude Oil Movement For the 24 hours to 23:00 GMT, Crude Oil rose 0.91% against the USD and closed at USD58.63 per barrel, as news of the Senate approval of the US-Mexico-Canada trade agreement along with the signing of the … Continue reading →

Crude Oil Movement For the 24 hours to 23:00 GMT, Crude Oil declined 0.15% against the USD and closed at USD58.10 per barrel, after the Organisation of Petroleum Exporting Countries report indicated that it expects reduction in demand for its … Continue reading →

Crude Oil Movement For the 24 hours to 23:00 GMT, Crude Oil rose 0.17% against the USD and closed at USD58.19 per barrel, ahead of the signing of Phase 1 US-China trade deal. Meanwhile, the American Petroleum Institute (API) reported … Continue reading →