Crude Oil: Crude rebounds in the morning session

Crude Oil Movement Crude Oil prices declined 0.74% against the USD for the 24 hour period ending 23:00GMT, closing at 103.06, as a government shut down in the US and a weak US non-manufacturing data weighed on the demand outlook … Continue reading

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Crude Oil: EIA reports a bigger-than-expected rise in the weekly US stockpiles

Crude Oil Movement Crude Oil prices advanced 2.18% against the USD for the 24 hour period ending 23:00GMT, closing at 103.83, as a weakness in the US private sector employment data bolstered the prospect for the Fed to continue with … Continue reading

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Crude Oil: API reported a 4.55 million barrels surge in the weekly US stockpiles

Crude Oil Movement Crude Oil prices declined 0.72% against the USD for the 24 hour period ending 23:00GMT, closing at 101.61, as a US government shutdown dimmed the demand outlook of the commodity. Negative sentiment was also fuelled after the … Continue reading

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Crude Oil: Crude snaps gains amid concerns over US budget talks and after a lackluster Chinese manufacturing report

Crude Oil Movement Crude Oil prices advanced 0.24% against the USD for the 24 hour period ending 23:00GMT, closing at 102.35. In the Asian session, at GMT0300, Crude Oil is trading at 102.00, 0.34% lower from yesterday’s close, as looming … Continue reading

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Crude Oil: UN Security Council unanimously agreed to the Syrian chemical weapons resolution

Crude Oil Movement On Friday, Crude Oil prices advanced marginally against the USD for the period ending 21:00GMT, closing at 102.83, as a decline in the US Dollar and subsiding concerns over supply from the Middle East region, bolstered the … Continue reading

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Crude Oil: Crude retreats in the negative territory following yesterday’s rise

Crude Oil Movement Crude Oil prices advanced 0.46% against the USD for the 24 hour period ending 23:00GMT, closing at 102.80, as positive economic data from the US boosted the demand outlook of the commodity. In the Asian session, at … Continue reading

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Crude Oil: Crude oil marginally higher in the Asian session

Crude Oil Movement Crude Oil prices declined 1.01% against the USD for the 24 hour period ending 23:00GMT, closing at 102.33, as an unexpected rise in the US crude oil inventory and easing Middle East tensions weighed on the demand … Continue reading

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Crude Oil: API data show small inventory decline

Crude Oil Movement Crude Oil prices ended flat against the USD for the 24 hour period ending 23:00GMT, closing at 103.37, as a lackluster US consumer confidence data offset waning supply concerns of the commodity from the Middle East region. … Continue reading

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Crude Oil: Crude rebounds ahead of Iran nuclear talks

Crude Oil Movement Crude Oil prices declined 1.16% against the USD for the 24 hour period ending 23:00GMT, closing at 103.37, as waning concerns over the supply outlook of the commodity from the Middle East region, continued to exert pressure … Continue reading

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Crude Oil: Crude reverses its direction in the Asian session

Crude Oil Movement On Friday, Crude Oil prices declined 1.59% against the USD for the period ending 21:00GMT, closing at 104.59, as concerns over crude oil supply from the Middle East region declined after the Organization for the Prohibition of … Continue reading

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Crude Oil: Crude continues to decline as Middle East supply concern wanes

Crude Oil Movement Crude Oil prices declined 1.84% against the USD for the 24 hour period ending 23:00GMT, closing at 106.28, as an increase in Libya’s oil output and Syrian President Bashar al-Assad’s assurance to co-operate with international powers to … Continue reading

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