Crude Oil: Crude trading tad higher ahead of EIA weekly crude stockpiles data

Crude Oil Movement Crude Oil prices declined 1.46% against the USD for the 24 hour period ending 23:00GMT, closing at 99.48 after the American Petroleum Institute (API) reported 2.63 million barrels rise in the US crude inventories for the week … Continue reading

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Crude Oil: Crude trading higher ahead of weekly US supplies data

Crude Oil Movement Crude Oil prices declined 1.49% against the USD for the 24 hour period ending 23:00GMT, closing at 100.94, after a dismal Chinese trade balance data fuelled fresh concerns on the demand prospect of the commodity. However, losses … Continue reading

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Crude Oil: Crude reverses its direction in the Asian session

Crude Oil Movement On Friday, Crude Oil prices advanced 0.75% against the USD for the period ending 21:00GMT, closing at 102.55, as lingering concerns over Ukraine supported the prices of the commodity. In the Asian session, at GMT0400, Crude Oil … Continue reading

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Crude Oil: Crude trading steady in the Asian trading hours

Crude Oil Movement Crude Oil prices advanced 0.78% against the USD for the 24 hour period ending 23:00GMT, closing at 101.79, buoyed by a weakness in the US Dollar against most of its major peers. Oil prices also benefited from … Continue reading

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Crude Oil: EIA reported 1.4 million barrels rise in the US crude supplies

Crude Oil Movement Crude Oil prices declined 2.15% against the USD for the 24 hour period ending 23:00GMT, closing at 101.00 after the Energy Information Administration (EIA) reported 1.4 million barrels rise in the weekly US crude inventories for the … Continue reading

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Crude Oil: API reported a less than expected rise in the US weekly crude supplies

Crude Oil Movement Crude Oil prices declined 1.39% against the USD for the 24 hour period ending 23:00GMT, closing at 103.22, as concerns over the supply-outlook of the commodity eased after Russian President, Vladimir Putin ordered troops to return to … Continue reading

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Crude Oil: Crude extends its winning streak in the Asian trading hours

Crude Oil Movement Crude Oil prices advanced 1.06% against the USD for the 24 hour period ending 23:00GMT, closing at 104.67 as escalating tensions between Ukraine and Russia weighed on the supply-outlook of the commodity. Meanwhile, cold weather in the … Continue reading

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Crude Oil: Crude extends its gains in the morning session

Crude Oil Movement On Friday, Crude Oil prices advanced 0.37% against the USD for the period ending 21:00GMT, closing at 102.46, as an upbeat rise in the US Chicago PMI bolstered the demand-outlook of the commodity in the nation. During … 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 0.36% against the USD for the 24 hour period ending 23:00GMT, closing at 102.08, amid speculation that a retreating winter in the US would lower demand for heating fuels in the largest consumer … Continue reading

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Crude Oil: EIA reported a less than expected rise in the weekly US crude supplies

Crude Oil Movement Crude Oil prices advanced 0.47% against the USD for the 24 hour period ending 23:00GMT, closing at 102.45, after the Energy Information Administration (EIA) reported a less-than-expected rise of 68,000 barrels in the US crude supplies to … Continue reading

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Crude Oil: Crude trading lower ahead of EIA weekly data

Crude Oil Movement Crude Oil prices declined 0.62% against the USD for the 24 hour period ending 23:00GMT, closing at 101.97, after data revealed an increase in the US crude inventories and on growing concerns that the weakening Chinese Yuan … Continue reading

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