Crude Oil: Oil trading higher, ahead of API’s weekly crude oil inventories data

Crude Oil Movement For the 24 hours to 23:00 GMT, Crude Oil declined 0.17% against the USD and closed at USD58.85 per barrel, as weak Chinese exports data fuelled concerns over global growth and oil demand. In the Asian session, … Continue reading

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Crude Oil: Oil trading lower in the Asian session

Crude Oil Movement For the 24 hours to 23:00 GMT, Crude Oil rose 1.41% against the USD and closed at USD59.15 per barrel on Friday, after fresh figures from Baker Hughes disclosed that the number of active oil rigs dropped … Continue reading

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Crude Oil: Oil trading lower, ahead of Baker Hughes weekly rig count data

Crude Oil Movement For the 24 hours to 23:00 GMT, Crude Oil declined 0.05% against the USD and closed at USD58.33 per barrel, after the Organization of the Petroleum Exporting Countries and their allies agreed to curb oil output by … Continue reading

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Crude Oil: Oil trading lower in the Asian session

Crude Oil Movement For the 24 hours to 23:00 GMT, Crude Oil rose 3.46% against the USD and closed at USD58.36 per barrel, after the Energy Information Administration (EIA) report indicated that US crude oil stockpiles fell by 4.9 million … Continue reading

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Crude Oil: Oil trading higher in the Asian session

Crude Oil Movement For the 24 hours to 23:00 GMT, Crude Oil rose 0.66% against the USD and closed at USD56.41 per barrel, after the American Petroleum Institute (API) reported that US crude oil inventories fell more-than-expected by 3.7 million … Continue reading

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Crude Oil: Oil trading higher, ahead of API’s weekly crude oil inventories data

Crude Oil Movement For the 24 hours to 23:00 GMT, Crude Oil declined 0.05% against the USD and closed at USD56.04 per barrel, despite OPEC’s plans to significantly deepen output cuts in the upcoming meeting. In the Asian session, at … Continue reading

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Oil reverses its losses in the morning session

Crude Oil Movement For the 24 hours to 23:00 GMT, Crude Oil declined 4.61% against the USD and closed at USD55.42 per barrel on Friday, amid uncertainty over the Organisation of Petroleum Exporting Countries (OPEC) oil production extension cuts. In … Continue reading

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Crude Oil: Oil trading lower in the Asian session

Crude Oil Movement For the 24 hours to 23:00 GMT, Crude Oil rose 0.07% against the USD and closed at USD58.10 per barrel. In the Asian session, at GMT0400, the pair is trading at 57.98, with oil trading 0.21% lower … Continue reading

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Crude Oil: Oil trading lower in the Asian session

Crude Oil Movement For the 24 hours to 23:00 GMT, Crude Oil declined 0.31% against the USD and closed at USD58.06 per barrel, after the Energy Information Administration (EIA) report indicated that US crude oil stockpiles rose by 1.6 million … Continue reading

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Crude Oil: Oil trading slightly higher, ahead of EIA’s weekly crude oil stockpiles data

Crude Oil Movement For the 24 hours to 23:00 GMT, Crude Oil rose 0.59% against the USD and closed at USD58.24 per barrel, after the Organization of Petroleum Exporting Countries (OPEC) and its allies agreed to extend oil production reduction … Continue reading

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Crude Oil: Oil trading higher, ahead of API’s weekly crude oil inventories data

Crude Oil Movement For the 24 hours to 23:00 GMT, Crude Oil slightly rose against the USD and closed at USD57.90 per barrel, amid renewed hopes over the US-Sino trade deal and expectations that the OPEC would extend supply cuts … Continue reading

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