Crude Oil: Oil trading higher, ahead of API’s weekly crude oil inventories data

Crude Oil Movement For the 24 hours to 23:00 GMT, Crude Oil declined 1.69% against the USD and closed at USD58.09 per barrel, as worries over the US-Iran tensions continued to fade. In the Asian session, at GMT0400, the pair … Continue reading

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Crude Oil: Oil trading slightly higher in the Asian session

Crude Oil Movement For the 24 hours to 23:00 GMT, Crude Oil declined 0.92% against the USD and closed at USD59.03 per barrel on Friday, as worries over the US-Iran conflict eased. Meanwhile, fresh figures from Baker Hughes disclosed that … Continue reading

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Crude Oil: Oil trading lower, ahead of Baker Hughes weekly rig count data

Crude Oil Movement For the 24 hours to 23:00 GMT, Crude Oil declined 0.35% against the USD and closed at USD59.58 per barrel, as tensions in the Middle East subsided. In the Asian session, at GMT0400, the pair is trading … Continue reading

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Crude Oil: Oil trading reverses its losses in the Asian session

Crude Oil Movement For the 24 hours to 23:00 GMT, Crude Oil declined 5.29% against the USD and closed at USD59.79 per barrel, as tensions between the US and Iran faded and after the Energy Information Administration (EIA) report indicated … Continue reading

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Crude Oil: Oil trading higher, ahead of EIA’s weekly crude oil stockpiles data

Crude Oil Movement For the 24 hours to 23:00 GMT, Crude Oil rose 0.25% against the USD and closed at USD63.13 per barrel, after the American Petroleum Institute (API) reported that US crude oil inventories fell by 5.9 million barrels … Continue reading

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Crude Oil: Oil trading lower, ahead of API’s weekly crude oil inventories data

Crude Oil Movement For the 24 hours to 23:00 GMT, Crude Oil declined 2.16% against the USD and closed at USD62.97 per barrel. In the Asian session, at GMT0400, the pair is trading at 62.54, with oil trading 0.68% lower … Continue reading

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Crude Oil: Oil trading higher in the morning session

Crude Oil Movement For the 24 hours to 23:00 GMT, Crude Oil rose 3.02% against the USD and closed at USD63.02 per barrel on Friday, after US air strike in Iraq killed Iranian military leader, fuelling fears of an escalation … Continue reading

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Crude Oil: Oil trading higher in the Asian session, amid mounting tensions in the Middle East

Crude Oil Movement For the 24 hours to 23:00 GMT, Crude Oil declined 0.49% against the USD and closed at USD61.17 per barrel. In the Asian session, at GMT0400, the pair is trading at 62.79, with oil trading 2.65% higher … Continue reading

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Crude Oil: Oil reverses its gains in the morning session

Crude Oil Movement For the 24 hours to 23:00 GMT, Crude Oil rose 0.42% against the USD and closed at USD61.47 per barrel, after the American Petroleum Institute (API) reported that US crude oil inventories fell by 7.8 million barrels … Continue reading

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Crude Oil: Oil trading lower in the Asian session

Crude Oil Movement For the 24 hours to 23:00 GMT, Crude Oil declined 0.11% against the USD and closed at USD61.68 per barrel. In the Asian session, at GMT0400, the pair is trading at 61.61, with oil trading 0.11% lower … Continue reading

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Crude Oil: Oil trading higher in the Asian session

Crude Oil Movement For the 24 hours to 23:00 GMT, Crude Oil declined 0.06% against the USD and closed at USD61.65 per barrel on Friday. Meanwhile, fresh figures from Baker Hughes disclosed that the number of active oil rigs declined … Continue reading

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