Crude Oil Movement Crude Oil prices advanced 2.35% against the USD for the 24 hour period ending 23:00GMT, closing at 103.79, as supply concerns rose after geopolitical tensions in Ukraine and Israel escalated. Oil prices were further boosted after prospect … Continue reading →

Crude Oil Movement Crude Oil prices advanced 1.19% against the USD for the 24 hour period ending 23:00GMT, closing at 101.41, after the US Energy Information Administration reported that US crude oil inventories fell by 7.5 million barrels during the … Continue reading →

Crude Oil Movement Crude Oil prices declined 0.70% against the USD for the 24 hour period ending 23:00GMT, closing at 100.22, following an official report that Libya’s Sharara field had boosted its production to 554,000 barrels a day and after … Continue reading →

Crude Oil Movement Crude Oil prices advanced 0.10% against the USD for the 24 hour period ending 23:00GMT, closing at 100.93, reversing its initial losses triggered after Libya restored its oil production. However, oil prices climbed, after news emerged that … Continue reading →

Crude Oil Movement On Friday, Crude Oil prices declined 2.09% against the USD for the period ending 21:00GMT, closing at 100.66, after oil supplies from Libya continued to rise, while supplies from Iraq too did not decline due to the … Continue reading →

Crude Oil Movement Crude Oil prices advanced 0.89% against the USD for the 24 hour period ending 23:00GMT, closing at 102.81, reversing its initial losses which were triggered by easing supply concerns from Libya. Yesterday, the OPEC, in its monthly … Continue reading →

Crude Oil Movement Crude Oil prices declined 1.52% against the USD for the 24 hour period ending 23:00GMT, closing at 101.90, after increased supplies from Libya and as supply concerns receded after a leading broker indicated that the current crude … Continue reading →

Crude Oil Movement Crude Oil prices declined 0.39% against the USD for the 24 hour period ending 23:00GMT, closing at 103.41, as geopolitical concerns in Iraq and Libya receded. However, oil prices rose for a brief period of time, after … Continue reading →

Crude Oil Movement Crude Oil prices declined 0.39% against the USD for the 24 hour period ending 23:00GMT, closing at 103.41, in the wake of an announcement by Libya’s Oil ministry that the nation had almost 7.5 million barrels ready … Continue reading →

Crude Oil Movement On Friday, Crude Oil prices declined 0.29% against the USD for the period ending 21:00GMT, closing at 103.79, on renewed confidence that the sectarian violence in Iraq would not impact the nation’s crude supply as the crude … Continue reading →

Crude Oil Movement Crude Oil prices declined 0.08% against the USD for the 24 hour period ending 23:00GMT, closing at 104.09, amid news that the risk of supply disruptions in Iraq has subsided and two key terminals in Libya may … Continue reading →