Crude Oil Movement Crude Oil prices declined 0.33% against the USD for the 24 hour period ending 23:00GMT, closing at 101.60, as traders continued to mull the EIA’s latest weekly report that showed crude stockpiles in the US expanded as … Continue reading →

Crude Oil Movement Crude Oil prices advanced 0.09% against the USD for the 24 hour period ending 23:00GMT, closing at 101.94, after the Energy Information Administration (EIA) reported that inventories at the Cushing, Oklahoma, delivery point fell the 14th time … Continue reading →

Crude Oil Movement Crude Oil prices advanced 1.29% against the USD for the 24 hour period ending 23:00GMT, closing at 101.85, after the American Petroleum Institute (API) reported a 590,000 barrels drop in oil stocks at the Cushing, Oklahoma delivery … Continue reading →

Crude Oil Movement Crude Oil prices advanced 0.53% against the USD for the 24 hour period ending 23:00GMT, closing at 100.55, as escalating tensions in Ukraine weighed on the supply-outlook of the commodity. However, Saudi Arabia’s readiness to supply excess … Continue reading →

Crude Oil Movement On Friday, Crude Oil prices declined 0.23% against the USD for the period ending 21:00GMT, closing at 100.04, hurt by a stronger US Dollar. Oil prices also faced some resistance after Libya’s newly elected Prime Minister highlighted … Continue reading →

Crude Oil Movement Crude Oil prices declined 0.57% against the USD for the 24 hour period ending 23:00GMT, closing at 100.27, amid broad gains in the US Dollar. However, mounting geo-political tensions in Ukraine and lingering concerns on the supply-outlook … Continue reading →

Crude Oil Movement Crude Oil prices advanced 0.98% against the USD for the 24 hour period ending 23:00GMT, closing at 100.84, after the Energy Information Administration (EIA) reported a surprise 1.8-million-barrels drop in the US crude stockpiles for the week … Continue reading →

Crude Oil Movement Crude Oil prices advanced 0.45% against the USD for the 24 hour period ending 23:00GMT, closing at 99.86, after the American Petroleum Institute (API) reported that US crude stockpiles unexpectedly fell by 1.8 million barrels for the … Continue reading →

Crude Oil Movement Crude Oil prices declined 0.37% against the USD for the 24 hour period ending 23:00GMT, closing at 99.41, after data showed that manufacturing activities in China, the world’s second largest consumer of crude oil, contracted for a … Continue reading →

Crude Oil Movement Crude Oil prices declined 0.47% against the USD for the 24 hour period ending 23:00GMT, closing at 99.29, as a lacklustre Chinese manufacturing PMI data and easing supply concerns in the US and Libya triggered a fall … Continue reading →

Crude Oil Movement Crude Oil prices declined 0.92% against the USD for the 24 hour period ending 23:00GMT, closing at 99.76, as a soft first-quarter US GDP data fuelled concerns on the demand prospects of the commodity in the nation … Continue reading →