On Friday, Crude Oil prices advanced 0.13% against the USD for the 24 hour period ending 24:00GMT, closing at 95.31, as the International Energy Agency (IEA) raised its forecast for oil demand in the FY2013 and as China’s economy … Continue reading →

  Crude Oil prices advanced 1.07% against the USD for the 24 hour period ending 23:00GMT, closing at 95.19, on positive economic reports in the US. Strong reports on housing starts and fewer unemployment claims made traders more optimistic about … Continue reading →

  Crude Oil prices advanced 0.75% against the USD for the 24 hour period ending 23:00GMT, closing at 94.14, after the EIA inventory data showed an unexpected drop in the US crude-oil stockpile. Yesterday, the data from the US Energy … Continue reading →

  Crude Oil prices declined 0.71% against the USD for the 24 hour period ending 23:00GMT, closing at 93.44, as the sixth straight contraction in the US New York-area manufacturing sector and fight over the US debt ceiling stoked concerns … Continue reading →

  Crude Oil prices advanced 0.30% against the USD for the 24 hour period ending 23:00GMT, closing at 94.11, as the dollar weakened. However oil traders remained cautious, after a poll released by Politico indicated that more than half of … Continue reading →

  On Friday, Crude Oil prices declined 0.31% against the USD for the 24 hour period ending 24:00GMT, closing at 93.77, as growing inflation pressure in China dampened hopes for a fresh stimulus and amid a wider-than-expected trade deficit recorded … Continue reading →

Crude Oil prices advanced 0.96% against the USD for the 24 hour period ending 23:00GMT, closing at 94.07, amid news that top world oil exporter, Saudi Arabia had reduced production in response to declining demand and after data released yesterday … Continue reading →

  Crude Oil prices ended flat against the USD for the 24 hour period ending 23:00GMT, closing at 93.18. Earlier, oil prices had declined after the Energy Information Administration (EIA) reported that crude oil stockpiles climbed 1.3 million barrels to … Continue reading →

Crude Oil prices declined 0.11% against the USD for the 24 hour period ending 23:00GMT, closing at 93.18, as investors speculated that crude stockpiles would rise this week in the US after contracting notably during the previous week. The American … Continue reading →

  Crude Oil prices advanced 0.25% against the USD for the 24 hour period ending 23:00GMT, closing at 93.28, as investors indulged in bottom fishing, after oil prices fell last week on concerns that the US Congress would struggle in … Continue reading →

  On Friday, Crude Oil prices advanced 0.45% against the USD for the 24 hour period ending 24:00GMT, closing at 93.19, after official data revealed that crude oil inventories dropped more than expected last week and amid a stronger-than-expected US … Continue reading →