Crude Oil Movement Crude Oil prices advanced 0.72% against the USD for the 24 hour period ending 23:00GMT, closing at 97.34. Yesterday, the Energy Information Administration (EIA) reported a 3.21 million barrels drop in the US distillate-fuel inventories, including heating … Continue reading →

Crude Oil prices advanced 1.50% against the USD for the 24 hour period ending 23:00GMT, closing at 96.64. Yesterday, the American Petroleum Institute (API) reported a rise of 4.86 million barrels in the US crude inventories for the week ended … Continue reading →

Crude Oil Movement Crude Oil prices advanced 1.56% against the USD for the 24 hour period ending 23:00GMT, closing at 95.21, after the International Energy Agency (IEA), in its monthly report, projected global oil demand to grow by 1.3 million … Continue reading →

Crude Oil Movement Crude Oil prices declined 0.36% against the USD for the 24 hour period ending 23:00GMT, closing at 93.75 after a report showed that industrial production in China, the world’s second largest consumer of crude oil, declined in … Continue reading →

Crude Oil Movement On Friday, Crude Oil prices declined 0.05% against the USD for the period ending 21:00GMT, closing at 94.07. In the Asian session, at GMT0400, Crude Oil is trading at 93.69, 0.40% lower from yesterday’s close, despite better … Continue reading →

Crude Oil Movement Crude Oil prices declined 0.26% against the USD for the 24 hour period ending 23:00GMT, closing at 94.12, after the Organization of Petroleum Exporting Countries (OPEC), in its monthly report, projected the demand for OPEC oil to … Continue reading →

Crude Oil Movement Crude Oil prices advanced 1.90% against the USD for the 24 hour period ending 23:00GMT, closing at 94.37, after the Energy Information Administration (EIA) reported a decline in US crude inventories, for the seventh consecutive week. The … Continue reading →

Crude Oil Movement Crude Oil prices advanced 1.07% against the USD for the 24 hour period ending 23:00GMT, closing at 92.61, drawing support from American Petroleum Institute’s (API) data, which indicated a 4.1 million-barrel drop in the level of US … Continue reading →

Crude Oil Movement Crude Oil prices declined 1.28% against the USD for the 24 hour period ending 23:00GMT, closing at 91.63, as prospects for oversupply of as much as 1 million bpd of Iranian oil in the global markets increased, … Continue reading →

Crude Oil Movement On Friday, Crude Oil prices advanced 0.57% against the USD for the period ending 21:00GMT, closing at 92.79, buoyed by upbeat Chinese imports data and a weakness in the US Dollar. In the Asian session, at GMT0400, … Continue reading →

Crude Oil Movement Crude Oil prices declined 0.38% against the USD for the 24 hour period ending 23:00GMT, closing at 92.26, amid rising fears about bulging supplies of crude oil and falling demand for gasoline. Meanwhile, forecasts for warmer-than-normal weather … Continue reading →