Crude Oil: Crude Oil pares gains in the Asian session

Crude Oil Movement Crude Oil prices advanced 1.56% against the USD for the 24 hour period ending 23:00GMT, closing at 108.47, as concerns over the supply prospects of the commodity from the Middle East brewed after US House Speaker, John … Continue reading

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Crude Oil: Oil prices cool as Syria concerns eases

Crude Oil Movement Crude Oil prices advanced 0.87% against the USD for the 24 hour period ending 23:00GMT, closing at 106.80, as positive Chinese August manufacturing data lifted investor sentiment. In the Asian session, at GMT0300, Crude Oil is trading … Continue reading

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Crude Oil: Oil declines as fears of Syria attack faded

Crude Oil Movement On Friday, Crude Oil prices advanced 0.57% against the USD for the period ending 21:00GMT, closing at 107.67. In the Asian session, at GMT0300, Crude Oil is trading at 105.99, 1.56% lower from Friday’s close, as US … Continue reading

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Crude Oil: Oil ended lower yesterday as fears over Syria eased, witnessing gains in the Asian session

Crude Oil Movement Crude Oil prices declined 2.39% against the USD for the 24 hour period ending 23:00GMT, closing at 107.06, as fears of imminent military attack on Syria abated, thus easing concerns of supply disruptions from the Middle East. … Continue reading

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Crude Oil: Oil prices backpedals after the recent string of record highs

Crude Oil Movement Crude Oil prices declined slightly against the USD for the 24 hour period ending 23:00GMT, closing at 109.68. However, prices continue to remain supported broadly, amid ongoing concerns over events in Syria. Yesterday, the Energy Information Administration … Continue reading

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Crude Oil: Oil prices rise sharply on Middle East tensions

Crude Oil Movement Crude Oil prices jumped 3.26% against the USD for the 24 hour period ending 23:00GMT, closing at 109.69, as supply concerns continued to mount amid escalating tensions in Syria. Late yesterday, the American Petroleum Institute (API) reported … Continue reading

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Crude Oil: Social unrest in Syria pushes oil higher

  Crude Oil prices declined 0.69% against the USD for the 24 hour period ending 23:00GMT, closing at 106.23, as a dismal US durable goods orders data sparked concerns over the demand prospect of the commodity. Additionally, supply concerns from … Continue reading

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Crude Oil: Encouraging PMI data pointed to a potential uptick in oil demand, trading lower this morning

  Crude Oil prices added 1.54% against the USD for the 24 hour period ending 23:00GMT, closing at 105.20, buoyed by upbeat economic data that suggested the global economy is on the mend and kindled hopes for higher fuel demand. … Continue reading

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Crude Oil: Oil prices pared yesterday’s losses

Crude Oil prices declined 1.54% against the USD for the 24 hour period ending 23:00GMT, closing at 103.60, as indications that the Fed would alter economic stimulus by the end of 2013 fuelled speculation that oil demand may falter. Yesterday, … Continue reading

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Crude Oil: Crude Oil declined as supply concerns from Libya eased

  Crude Oil prices declined 1.69% against the USD for the 24 hour period ending 23:00GMT, closing at 105.22, amid speculation that the Fed might begin tapering its stimulus measures next month. Meanwhile, concerns over the supply prospect of the … Continue reading

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Crude Oil: Crude Oil continues to trade lower this morning

  Crude Oil prices declined 0.15% against the USD for the 24 hour period ending 23:00GMT, closing at 107.03, amid uncertainty over when the US Federal Reserve would scale back its bond-buying program. However, unrest in Egypt and reduced oil … Continue reading

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