Crude Oil: Crude oil tad lower in the Asian session

Crude Oil Movement On Friday, Crude Oil prices advanced marginally against the USD for the period ending 21:00GMT, closing at 100.84, after the US Dollar gave up ground against most of its major counterparts and after a report showed that … Continue reading

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Crude Oil: Crude extends its losses in the Asian session

Crude Oil Movement Crude Oil prices declined 1.35% against the USD for the 24 hour period ending 23:00GMT, closing at 100.79, as weekly oil inventory data from the American Petroleum Institute released on Wednesday showed that stocks rose for the … Continue reading

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Crude Oil: API reported a more-than-expected surge in the weekly US crude stockpiles

Crude Oil Movement Crude Oil prices advanced 1.07% against the USD for the 24 hour period ending 23:00GMT, closing at 102.17, as the demand outlook of the commodity was bolstered after the US lawmakers agreed to increase the nation’s debt … Continue reading

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Crude Oil: Crude rebounds in the Asian session

Crude Oil Movement Crude Oil prices declined 1.17% against the USD for the 24 hour period ending 23:00GMT, closing at 101.09, as concerns over the US impasses and Iran’s nuclear deal talks weighed on investors sentiment. In Geneva, Iran’s two-day … Continue reading

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Crude Oil: Oil lower ahead of Iran talks

Crude Oil Movement Crude Oil prices advanced 0.85% against the USD for the 24 hour period ending 23:00GMT, closing at 102.29, after an upbeat growth in the Euro-zone’s industrial production activities bolstered the demand outlook of the commodity in the … Continue reading

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Crude Oil: Crude snaps its losses in the morning session

Crude Oil Movement On Friday, Crude Oil prices declined 0.88% against the USD for the period ending 21:00GMT, closing at 101.76, as a government shut down in the US continued to weigh on the demand prospect of the commodity. In … Continue reading

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Crude Oil: Crude extends its gains in the Asian session

Crude Oil Movement Crude Oil prices advanced 1.14% against the USD for the 24 hour period ending 23:00GMT, closing at 102.66, after the Organization of the Petroleum Exporting Countries (OPEC) reported that the total crude production averaged to 30.05 million … Continue reading

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Crude Oil: EIA reported a surprise jump of 6.8 million barrels in the weekly US crude stockpiles

Crude Oil Movement Crude Oil prices declined 2.03% against the USD for the 24 hour period ending 23:00GMT, closing at 101.50, after the Energy Information Administration (EIA) reported that the US crude stockpiles rose 6.8 million barrels during the week … Continue reading

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Crude Oil: API reported a more-than-expected rise in the US crude stockpiles

Crude Oil Movement Crude Oil prices advanced 0.43% against the USD for the 24 hour period ending 23:00GMT, closing at 103.60. However the gains were capped after the American Petroleum Institute (API), late Tuesday, reported that the US crude supplies … Continue reading

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Crude Oil: Crude trading lower ahead of API data

Crude Oil Movement Crude Oil prices declined 0.26% against the USD for the 24 hour period ending 23:00GMT, closing at 103.16, as a deadlock in the US budget talks raised concerns over the demand outlook of the commodity. In the … Continue reading

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Crude Oil: Gulf of Mexico oil output returns to normal after storm

Crude Oil Movement On Friday, Crude Oil prices advanced 0.54% against the USD for the period ending 21:00GMT, closing at 103.62, as the supply outlook of the commodity came under pressure after the National Hurricane Centre highlighted the possibility for … Continue reading

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