Crude Oil: Oil ended lower amid unrest in Egypt and Libya, trading tad lower this morning

On Friday, Crude Oil prices advanced 0.28% against the USD for the period ending 21:00GMT, closing at 107.46, as escalating tensions in Egypt and Libya raised worries over oil supply. In the Asian session, at GMT0300, Crude Oil is trading … Continue reading

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Crude Oil: Oil gained amid supply concerns

Crude Oil prices advanced 0.19% against the USD for the 24 hour period ending 23:00GMT, closing at 107.16, as escalating violence in Egypt raised concerns of supply disruptions from the Middle East. In the Asian session, at GMT0300, Crude Oil … Continue reading

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Oil: Unrest in Egypt continues to stoke oil supply concerns

Crude Oil prices rose 0.38% against the USD for the 24 hour period ending 23:00GMT, closing at 104.50, following a drop in US oil inventories and amid worries over supplies from the Middle East and North Africa. Yesterday, a state … Continue reading

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Crude Oil: US oil inventories dropped last week, indicates API

  Crude Oil prices added 0.27% against the USD for the 24 hour period ending 23:00GMT, closing at 106.55, as worries over supplies from OPEC nations, Libya and Iraq supported oil prices. Yesterday, the American Petroleum Institute (API) reported that … Continue reading

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Crude Oil: Oil prices rose on supply concerns, trading lower in the Asian session

  Crude Oil prices rose 0.31% against the USD for the 24 hour period ending 23:00GMT, closing at 106.26, as concerns on supply disruptions erupted, after news emerged that Libya shut its biggest oil export terminal and as North Sea … Continue reading

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Crude Oil: Oil advanced on Chinese data

On Friday, Crude Oil prices advanced 2.14% against the USD for the period ending 21:00GMT, closing at 105.97, as prospects for the commodity improved following a rise in industrial production in China, the world’s second largest oil consumer. In the … Continue reading

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Crude Oil: Oil trading higher above $104 per barrel on bottom fishing

  Crude Oil prices declined 0.41% against the USD for the 24 hour period ending 23:00GMT, closing at 103.75, on jitters over the outlook for US stimulus and on expectations that the North Sea supply will improve next month after … Continue reading

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Crude Oil: Crude Oil reverses its trend in the Asian session

  Crude Oil prices fell 1.42% against the USD for the 24 hour period ending 23:00GMT, closing at 104.18, as concerns over supply disruptions ebbed, amid continuous progress in resolving supply disruptions in Libya and as Iran’s new President earlier … Continue reading

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Crude Oil: Oil losses capped on encouraging US oil inventories data

  Crude Oil prices dropped 0.81% against the USD for the 24 hour period ending 23:00GMT, closing at 105.68. Iran’s new President, Hassan Rouhani, in his first news conference since taking the oath on Sunday, indicated that he was “seriously … Continue reading

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Crude Oil: Oil drops ahead of demand forecast reports this week

  Crude Oil prices declined 0.20% against the USD for the 24 hour period ending 23:00GMT, closing at 106.54. In the Asian session, at GMT0300, Crude Oil is trading at 106.30, 0.23% lower from yesterday’s close, after Libya planned for … Continue reading

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Crude Oil: Oil slipped as US jobs data disappointed

  On Friday, Crude Oil prices declined 0.83% against the USD for the period ending 21:00GMT, closing at 106.94, as weaker-than-expected July jobs data in the US dented investor sentiment In the Asian session, at GMT0300, Crude Oil is trading … Continue reading

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