Crude Oil prices rose 0.61% against the USD for the 24 hour period ending 23:00GMT, closing at 106.41, after reports showed a sharp drop in oil inventories. The Energy Information Administration reported that the US crude oil inventories dropped … Continue reading →

Crude Oil prices declined 0.58% against the USD for the 24 hour period ending 23:00GMT, closing at 105.77. The American Petroleum Institute (API) in its weekly report indicated that, crude stock piles in the week ending July 12 fell 2.6 … Continue reading →

Crude Oil prices advanced 0.52% against the USD for the 24 hour period ending 23:00GMT, closing at 106.39, on increased demand prospects after economic data indicated an in line economic growth in China. In the Asian session, at GMT0300, Crude … Continue reading →

On Friday, Crude Oil prices advanced 1.39% against the USD for the period ending 21:00GMT, closing at 105.95. In the Asian session, at GMT0300, Crude Oil is trading at 105.91, marginally lower from Friday’s close. Crude oil is expected to … Continue reading →

  Crude Oil prices declined 2.16% against the USD for the 24 hour period ending 23:00GMT, closing at 104.50, after economic data indicated that the number of people who filed for jobless benefits in the US increased unexpectedly in the … Continue reading →

  Crude Oil prices advanced 2.24% against the USD for the 24 hour period ending 23:00GMT, closing at 106.81, after the Energy Information Administration (EIA), in its weekly report indicated that crude stock piles in the US dropped by 9.87 … Continue reading →

Crude Oil prices advanced 1.49% against the USD for the 24 hour period ending 23:00GMT, closing at 104.47, after the American Petroleum Institute (API) in its weekly report indicated that crude oil inventories dropped by 9 million barrels in the … Continue reading →

  Crude Oil prices declined 0.91% against the USD for the 24 hour period ending 23:00GMT, closing at 102.94, after the recent price hike lead to heavy profit booking, and as concerns in Egypt eased slightly. Investors await the oil … Continue reading →

  On Friday, Crude Oil prices advanced 1.79% against the USD for the period ending 21:00GMT, closing at 103.22, as ongoing protests in Egypt increased concerns of disruptions in the oil supply. In the Asian session, at GMT0300, Crude Oil … Continue reading →

  Crude Oil prices advanced 0.17% against the USD for the 24 hour period ending 23:00GMT, closing at 101.40, after political concerns in Portugal eased and on hopes of improvement in the US economy. In the Asian session, at GMT0300, … Continue reading →

Crude Oil prices advanced 1.48% against the USD for the 24 hour period ending 23:00GMT, closing at 101.23, as the ongoing supply concerns due to a political deadlock in Egypt supported prices. Separately, the US Energy Information Administration in its … Continue reading →