Crude Oil: Oil lifted by better-than-expected German economic data, trading lower in the Asian session

  Crude Oil prices advanced 1.30% against the USD for the 24 hour period ending 23:00GMT, closing at 96.72, as investor sentiment improved following the release of upbeat German economic sentiment data. In the Asian session, at GMT0400, Crude Oil … Continue reading

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Crude Oil: Oil trading higher in the Asian session

  Crude Oil prices declined 0.39% against the USD for the 24 hour period ending 23:00GMT, closing at 95.48, as concerns over global economic growth weighed on investor sentiment. Additionally, oil markets witnessed thin trading as US markets remained closed … Continue reading

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Crude Oil: Oil dropped as US factory production disappointed investors

  On Friday, Crude Oil prices declined 1.28% against the USD for the 24 hour period ending 24:00GMT, closing at 96.06, as investor sentiment dented after US factory production slowed in January. Meanwhile, data released over the weekend revealed that … Continue reading

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Crude Oil: Oil advanced on intensifying Iranian nuclear standoff, OPEC supply cut

  Crude Oil prices advanced 0.21% against the USD for the 24 hour period ending 23:00GMT, closing at 97.31, after Iran and the UN failed to reach a deal on inspections with Iran.. Prices were also bolstered amid speculation that … Continue reading

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Crude Oil: Oil slipped as IEA trimmed 2013 oil demand

Crude Oil prices declined 0.46% against the USD for the 24 hour period ending 23:00GMT, closing at 97.11, after reports showed a rise in oil stockpiles. Yesterday, Energy Information Administration reported that crude supplies climbed by 600,000 barrels for the … Continue reading

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Crude Oil: Crude Oil gained after OPEC raised demand outlook

  Crude Oil prices advanced 0.66% against the USD for the 24 hour period ending 23:00GMT, closing at 97.56, after the US Energy Information Administration (EIA) stated that the world oil demand would increase faster than previously expected in 2013 … Continue reading

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Crude Oil: Crude oil gives back some of its yesterday’s gains

  Crude Oil prices advanced 1.17% against the USD for the 24 hour period ending 23:00GMT, closing at 96.92. In the Asian session, at GMT0400, Crude Oil is trading at 96.87, 0.05% lower from yesterday’s close. Investors await the oil … Continue reading

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Crude Oil: Crude Oil moving southwards in the Asian session

  On Friday, Crude Oil prices declined 0.20% against the USD for the 24 hour period ending 24:00GMT, closing at 95.77. In the Asian session, at GMT0400, Crude Oil is trading at 95.7, marginally lower from Friday’s close. Lighter trade … Continue reading

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Crude Oil: Crude Oil dropped on Draghi’s comments, weak US jobs data

  Crude Oil prices declined 0.89% against the USD for the 24 hour period ending 23:00GMT, closing at 95.96, as investor sentiment was impacted after the ECB President, Mario Draghi stated that the bank would closely monitor developments in the … Continue reading

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Crude Oil: Crude Oil trading slightly lower this morning

  Crude Oil prices advanced 0.19% against the USD for the 24 hour period ending 23:00GMT, closing at 96.82. Yesterday, the US Energy Information Administration reported that, for the week ended February 1, crude supplies rose 2.6 million barrels, compared … Continue reading

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Crude Oil: US crude stockpiles rose: API

  Crude Oil prices advanced 0.71% against the USD for the 24 hour period ending 23:00GMT, closing at 96.64, as positive services PMI data from the Euro-zone, Germany and UK coupled with reports that US budget deficit estimates dropped below … Continue reading

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