Crude Oil: Oil trading higher on Chinese PMI data

  Crude Oil prices declined 1.71% against the USD for the 24 hour period ending 23:00GMT, closing at 95.96, as political uncertainty in Spain and Italy dampened investor risk appetite. In the Asian session, at GMT0400, Crude Oil is trading … Continue reading

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Crude Oil: Oil buoyed by positive US consumer sentiment, manufacturing data, trading tad lower this morning

  On Friday, Crude Oil prices advanced marginally against the USD for the 24 hour period ending 24:00GMT, closing at 97.61, on the back of upbeat US consumer sentiment and manufacturing data. In the US, the consumer sentiment index rose … Continue reading

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Crude Oil: Crude oil slips further on disappointing Chinese PMI

  Crude Oil prices declined 0.46% against the USD for the 24 hour period ending 23:00GMT, closing at 97.54, as risk appetite decreased among investors after disappointing weekly jobless claims in the US. In the Asian session, at GMT0400, Crude … Continue reading

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Crude Oil: Crude Oil trading almost flat this morning

  Crude Oil prices advanced 0.63% against the USD for the 24 hour period ending 23:00GMT, closing at 97.99, as the US Federal Reserve’s pledge to stick to its bond-buying stimulus plan and upbeat Euro-zone data fuelled optimism about future … Continue reading

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Crude Oil: Oil rises on optimism on US economy

  Crude Oil prices advanced 0.90% against the USD for the 24 hour period ending 23:00GMT, closing at 97.38, after US home prices rose in line with market expectations in November. However, gains were capped earlier following disappointing US consumer … Continue reading

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Crude Oil: Oil rose amid positive US economic data and OPEC’s bullish comments

  Crude Oil prices advanced 0.60% against the USD for the 24 hour period ending 23:00GMT, closing at 96.51, as investor sentiment was boosted after US orders for manufactured goods rose more-than-expected in December and as the OPEC Secretary General, … Continue reading

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Crude Oil: Crude Oil trading lower this morning

  On Friday, Crude Oil prices advanced marginally against the USD for the 24 hour period ending 24:00GMT, closing at 95.97, amid speculation that the global economic recovery will boost fuel demand. Additionally, tensions in the oil-producing Middle East remained, … Continue reading

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Crude Oil: Oil gained amid positive global economic news, trading lower this morning

  Crude Oil prices advanced 0.43% against the USD for the 24 hour period ending 23:00GMT, closing at 95.96, buoyed by strong economic data from China, the Euro-zone and the US. Yesterday, the US Energy Information Administration reported that gasoline … Continue reading

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Crude Oil: Oil slips in the Asian session

  Crude Oil prices declined 1.29% against the USD for the 24 hour period ending 23:00GMT, closing at 95.55, as investor sentiment dented after the International Monetary Fund (IMF) lowered its 2013 global growth forecast. Oil prices also came under … Continue reading

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Crude Oil: Pulls back this morning, however holds on buoyant economic sentiment

  Crude Oil prices advanced 1.53% against the USD for the 24 hour period ending 23:00GMT, closing at 96.80, as prospects for stronger oil demand increased after economic sentiment improved in Germany and the Euro-zone. The Bank of Japan announcement … Continue reading

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Crude Oil: Oil trading higher this morning

  Crude Oil prices advanced marginally against the USD for the 24 hour period ending 23:00GMT, closing at 95.34. In the Asian session, at GMT0400, Crude Oil is trading at 95.56, 0.23% higher from yesterday’s close. Crude Oil is expected … Continue reading

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