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

Crude Oil Movement Crude Oil prices declined 0.36% against the USD for the 24 hour period ending 23:00GMT, closing at 102.58, amid broad gains in the US Dollar. Meanwhile, Iraq’s oil exports rose 8.0% in May and it inaugurated a … Continue reading

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Crude Oil: Crude snaps losses on the back of strong Chinese manufacturing PMI data

Crude Oil Movement On Friday, Crude Oil prices declined 0.56% against the USD for the period ending 21:00GMT, closing at 102.92, as concerns on the supply-outlook of the commodity from the Russia-Ukraine region eased after Russia withdrew a majority of … Continue reading

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Crude Oil: EIA reported a more than expected rise in the US weekly crude inventories

Crude Oil Movement Crude Oil prices advanced 0.48% against the USD for the 24 hour period ending 23:00GMT, closing at 103.50, benefited from a sharp fall in the US weekly gasoline inventories. Oil prices also fetched some support from reports … Continue reading

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Crude Oil: Crude trading lower ahead of the US EIA oil inventory data

Crude Oil Movement Crude Oil prices shed 1.04% against the USD for the 24 hour period ending 23:00GMT, closing at 103.01, hurt by a stronger US Dollar. Crude prices also came under pressure after the American Petroleum Institute (API) reported … Continue reading

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Crude Oil: Crude trading higher amid ongoing geo-political tensions in Ukraine

Crude Oil Movement Crude Oil prices declined 0.14% against the USD for the 24 hour period ending 23:00GMT, closing at 104.09, on profit-taking. However, escalating violence in Ukraine and lingering concerns on Libya’s supply outlook, kept the commodity’s losses in … Continue reading

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Crude Oil: Crude trading higher amid concerns on supply outlook

Crude Oil Movement Crude Oil prices declined marginally against the USD for the 24 hour period ending 23:00GMT, closing at 104.24. However, losses in crude oil prices were kept in check as fresh concerns on the supply outlook of the … Continue reading

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

Crude Oil Movement Crude Oil prices declined 0.12% against the USD for the 24 hour period ending 23:00GMT, closing at 103.69, on profit-booking. However, earlier during the day, oil prices rose amid lingering tensions on Libya’s supply-outlook and as data … Continue reading

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Crude Oil: EIA reported a more-than-expected fall in the US crude oil, last week

Crude Oil Movement Crude Oil prices advanced 0.90% against the USD for the 24 hour period ending 23:00GMT, closing at 103.81, after the Energy Information Administration (EIA) reported 7.2-million-barrels drop the US crude supplies, last week. Analysts had expected a … Continue reading

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Crude Oil: US crude inventories fell by 10.3 million barrels last week, indicates API

Crude Oil Movement Crude Oil prices advanced 0.31% against the USD for the 24 hour period ending 23:00GMT, closing at 102.88, after the American Petroleum Institute (API) reported that the US crude supplies dropped by 10.3 million barrels for the … Continue reading

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Crude Oil: Crude continues to trade higher in the Asian session

Crude Oil Movement Crude Oil prices advanced 0.50% against the USD for the 24 hour period ending 23:00GMT, closing at 102.54, buoyed by a weakness in the US Dollar. Meanwhile, concerns on the supply-outlook of the commodity from Libya and … Continue reading

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Crude Oil: Crude continues to trade higher amid concern on supply-outlook

Crude Oil Movement On Friday, Crude Oil prices advanced 0.53% against the USD for the period ending 21:00GMT, closing at 102.14, as fresh concerns on the supply-outlook of oil were fuelled after rebels again shut Libya’s El Feel oilfield and … Continue reading

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