Crude Oil prices declined 0.83% against the USD for the 24 hour period ending 23:00GMT, closing at 94.32, after crude oil inventory report released by the American Petroleum Institute (API) indicated that, inventories rose by 1.11 million barrels in … Continue reading →

  Crude Oil prices declined 0.57% against the USD for the 24 hour period ending 23:00GMT, closing at 95.11, hit by reducing prospects for demand from China after industrial production in the nation rose slower-than-expected in April. In the Asian … Continue reading →

  On Friday, Crude Oil prices declined 0.19% against the USD for the 24 hour period ending 24:00GMT, closing at 95.94, on renewed global demand concerns after the Organization of Petroleum Exporting Countries (OPEC) left its 2013 estimate unchanged and … Continue reading →

  Crude Oil prices declined 0.30% against the USD for the 24 hour period ending 23:00GMT, closing at 96.12, as positive signs of recovery in the US against persistent doubts over the Chinese economy sent mixed signals about demand from … Continue reading →

  Crude Oil prices advanced 1.01% against the USD for the 24 hour period ending 23:00GMT, closing at 96.41, after the US Energy Information Administration (EIA) stated that, during the week ending May 3, crude oil inventory rose 230,000 barrels … Continue reading →

  Crude Oil prices declined 0.38% against the USD for the 24 hour period ending 23:00GMT, closing at 95.45. Yesterday, the American Petroleum Institute (API) released its crude oil inventory data indicating that, stock piles in the US, the world’s … Continue reading →

  Crude Oil prices declined 1.00% against the USD for the 24 hour period ending 23:00GMT, closing at 95.81. Earlier in the session, oil prices rose as Middle East tensions raised supply concerns. In the Asian session, at GMT0300, Crude … Continue reading →

  Crude Oil prices surged 3.24% against the USD for the 24 hour period ending 23:00GMT, closing at 93.87, as a drop in US jobless claims and a rate cut by the European Central Bank raised hopes for an increase … Continue reading →

  Crude Oil prices declined 2.38% against the USD for the 24 hour period ending 23:00GMT, closing at 90.92, after the Energy Information Administration (EIA) reported that US stockpiles climbed to the highest in 82 years. Yesterday, the US EIA … Continue reading →

  Crude Oil prices declined 1.38% against the USD for the 24 hour period ending 23:00GMT, closing at 93.14, as weak US manufacturing data, a record rise in Euro-zone’s unemployment rate and drop in Germany’s retail sales raised concerns over … Continue reading →

Crude Oil prices advanced marginally against the USD for the 24 hour period ending 23:00GMT, closing at 92.81, buoyed by upbeat US spending and housing data and amid reports that ongoing violence in Libya is hampering oil production in the … Continue reading →