On Friday, Crude Oil prices advanced 1.16% against the USD for the period ending 21:00GMT, closing at 97.78, amid supply concerns following speculation that unrest in Syria would spread to other parts of the Middle East. Also, stronger than … Continue reading →

  Crude Oil prices advanced 1.03% against the USD for the 24 hour period ending 23:00GMT, closing at 96.66, after stronger-than-expected US economic data. In the Asian session, at GMT0300, Crude Oil is trading at 96.67, marginally higher from yesterday’s … Continue reading →

  Crude Oil prices advanced 0.80% against the USD for the 24 hour period ending 23:00GMT, closing at 95.67, as the dollar weakened. Yesterday, the US Energy Information Administration (EIA) reported that crude-oil supplies rose by 2.5 million barrels for … Continue reading →

  Crude Oil prices declined 1.00% against the USD for the 24 hour period ending 23:00GMT, closing at 94.91, after the American Petroleum Institute reported a 9 million barrel rise in crude stockpiles for the week ending June 7. Moreover, … Continue reading →

  Crude Oil prices declined 0.35% against the USD for the 24 hour period ending 23:00GMT, closing at 95.87, as concerns over weak Chinese economic data released over the weekend, outweighed Standard & Poor’s decision to revise its positive outlook … Continue reading →

  On Friday, Crude Oil prices advanced 1.62% against the USD for the period ending 21:00GMT, closing at 96.22, as a better-than-expected rise in US jobs last month raised demand for the fuel. On the other hand, Sudan indicated that … Continue reading →

  Crude Oil prices advanced 0.93% against the USD for the 24 hour period ending 23:00GMT, closing at 94.69, amid a weak dollar and as the European Central Bank President Mario Draghi painted a greener picture of the Euro-zone’s economy … Continue reading →

  Crude Oil prices declined marginally against the USD for the 24 hour period ending 23:00GMT, closing at 93.82. Yesterday, the US Energy Information Administration (EIA) reported that US crude-oil supplies slipped 6.3 million barrels for the week ended May … Continue reading →

  Crude Oil prices advanced 0.66% against the USD for the 24 hour period ending 23:00GMT, closing at 93.88, after the American Petroleum Institute (API) registered a drop in crude stock piles. The API reported that crude inventories dropped 7.8 … Continue reading →

  Crude Oil prices rebounded 2.07% against the USD for the 24 hour period ending 23:00GMT, closing at 93.26, as investor sentiment was lifted by manufacturing purchasing managers’ index (PMI) data from European nations, which showed that a downturn in … Continue reading →

  On Friday, Crude Oil prices declined 1.66% against the USD for the period ending 21:00GMT, closing at 91.97. On Friday, the Organization of Petroleum Exporting Countries (OPEC) kept its production target unchanged at the group’s 30 million barrels per … Continue reading →