Crude Oil: EIA reported a more than expected fall in the US weekly crude supplies

Crude Oil Movement Crude Oil prices declined 1.05% against the USD for the 24 hour period ending 23:00GMT, closing at 104.17, as Libyan rebels agreement to re-open two oil terminals at Es Sider and Ras Lanuf, eased some concerns on … Continue reading

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Crude Oil: Crude trading higher, following yesterday’s fall

Crude Oil Movement Crude Oil prices declined 0.24% against the USD for the 24 hour period ending 23:00GMT, closing at 105.28, amid mounting speculations that ongoing unrest in Iraq and Ukraine would not impact oil supplies from the respective regions. … Continue reading

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Crude Oil: Crude trading marginally higher ahead of the weekly US crude inventories reports

Crude Oil Movement Crude Oil prices advanced 0.09% against the USD for the 24 hour period ending 23:00GMT, closing at 105.53, paring its initial losses, on account of easing concerns on the supply-outlook of the commodity from the Middle East … Continue reading

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Crude Oil: Crude trading lower amid easing supply concerns

Crude Oil Movement On Friday, Crude Oil prices advanced 0.11% against the USD for the period ending 21:00GMT, closing at 105.73. However, easing concerns on the supply-outlook of the commodity from the Middle East region, capped the gains in crude … Continue reading

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Crude Oil: Crude trading higher this morning

Crude Oil Movement Crude Oil prices declined 0.99% against the USD for the 24 hour period ending 23:00GMT, closing at 105.61, amid profit-taking and as concerns on the supply-outlook of the commodity from the Middle East region eased after United … Continue reading

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Crude Oil: EIA reported an unexpected rise in the US crude supplies for last week

Crude Oil Movement Crude Oil prices declined 0.34% against the USD for the 24 hour period ending 23:00GMT, closing at 106.67, amid easing concerns on the supply-outlook of the commodity arising from violence-wracked Iraq and as the Energy Information Administration … Continue reading

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Crude Oil: Crude trading lower ahead of EIA’s weekly US crude supplies data

Crude Oil Movement Crude Oil prices advanced 0.93% against the USD for the 24 hour period ending 23:00GMT, closing at 107.03, as Iraqi government troops continued to battle Sunni insurgents for control of the nation’s largest refinery in north of … Continue reading

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Crude Oil: Crude continues to trade lower in the Asian trading hours

Crude Oil Movement Crude Oil prices declined 1.04% against the USD for the 24 hour period ending 23:00GMT, closing at 106.04, amid looming speculations that violence in Iraq would not affect the nation’s oil supply. Late Monday, reports showed that … Continue reading

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Crude Oil: Crude jumps following upbeat China’s PMI data and amid lingering tensions over Iraq crisis

Crude Oil Movement On Friday, Crude Oil prices finished flat against the USD for the period ending 21:00GMT, closing at 106.63, paring its initial gains, as concerns on the supply-outlook of oil from Iraq eased after media reports showed that … Continue reading

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Crude Oil: Crude trading marginally lower in the Asian session

Crude Oil Movement Crude Oil prices advanced 0.35% against the USD for the 24 hour period ending 23:00GMT, closing at 106.63, as concerns on the supply-outlook of the commodity from Iraq, the second largest producer of oil in the OPEC, … Continue reading

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Crude Oil: Crude pares its losses in the Asian session

Crude Oil Movement Crude Oil prices declined 0.26% against the USD for the 24 hour period ending 23:00GMT, closing at 106.26. However, earlier during the day, oil prices rose after the Energy Information Administration (EIA) reported 579,000 barrels drop in … Continue reading

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