Crude Oil prices advanced 2.57% against the USD for the 24 hour period ending 23:00GMT, closing at 107.84, as upbeat manufacturing data in China, Europe and the US raised demand prospects. Moreover, as decline in US jobless claims further supported … Continue reading →

  Crude Oil prices jumped 1.96% against the USD for the 24 hour period ending 23:00GMT, closing at 105.14, as the US Federal Reserve gave no indication on when it will curb economic stimulus, assuring commodity traders of continued liquidity … Continue reading →

Crude Oil prices declined 1.19% against the USD for the 24 hour period ending 23:00GMT, closing at 103.12, as discouraging consumer confidence data from the US and worries over a slowdown in China faded energy-demand outlook. Late yesterday, the American … Continue reading →

Crude Oil prices declined 0.25% against the USD for the 24 hour period ending 23:00GMT, closing at 104.36, as investors remained cautious ahead of Fed monetary policy outcome and the US second quarter GDP data. However, the losses were limited … Continue reading →

  On Friday, Crude Oil prices declined 0.82% against the USD for the period ending 21:00GMT, closing at 104.66. In the Asian session, at GMT0300, Crude Oil is trading at 104.40, 0.25% lower from Friday’s close. Over the weekend, Saudi … Continue reading →

  Crude Oil prices climbed 0.32% against the USD for the 24 hour period ending 23:00GMT, closing at 105.53. In the Asian session, at GMT0300, Crude Oil is trading at 105.57, slightly higher from yesterday’s close. Crude oil is expected … Continue reading →

Crude Oil prices declined 2.08% against the USD for the 24 hour period ending 23:00GMT, closing at 105.19, as poor Chinese manufacturing data re-ignited concerns over oil demand from the world’s second largest oil consumer. Yesterday, the Energy Information Administration … Continue reading →

  Crude Oil prices strengthened 0.40% against the USD for the 24 hour period ending 23:00GMT, closing at 107.42, following a drop in oil inventories. Later yesterday, the American Petroleum Institute reported that the US oil inventories fell 1.4 million … Continue reading →

  Crude Oil prices tumbled 1.34% against the USD for the 24 hour period ending 23:00GMT, closing at 106.99, as weak US housing data raised concerns that economic growth would stall in the US, world’s biggest oil consumer. Traders await … Continue reading →

On Friday, Crude Oil prices declined 0.13% against the USD for the period ending 21:00GMT, closing at 108.05. In the Asian session, at GMT0300, Crude Oil is trading at 108.37, 0.30% higher from Friday’s close. Crude oil is expected to … Continue reading →

  Crude Oil prices ticked up 1.61% against the USD for the 24 hour period ending 23:00GMT, closing at 108.19, as upbeat jobless claims and Philadelphia Fed’s manufacturing data added to signs of a stronger US economic recovery, thus raising … Continue reading →