Crude Oil prices advanced 1.43% against the USD for the 24 hour period ending 23:00GMT, closing at 98.20, on speculation that demand for oil might rise from its largest consumer, the US, after the Federal Reserve took steps to boost … Continue reading →

Crude Oil prices advanced 0.08% against the USD for the 24 hour period ending 23:00GMT, closing at 96.82, amid geopolitical concern after the US ambassador to Libya and three other embassy staff were killed by militants in Libya. Yesterday, the … Continue reading →

Crude Oil prices advanced 0.49% against the USD for the 24 hour period ending 23:00GMT, closing at 96.74, amid Middle-East tension after Israeli Prime Minister, Benjamin Netanyahu, stated the US had forfeited its moral right to stop Israel taking action … Continue reading →

Crude Oil prices traded flat against the USD for the 24 hour period ending 23:00GMT, closing at 96.27. The Saudi Arabia Oil Minister, Ali al-Naimi, stated that nation is concerned about high oil prices and would take steps to moderate … Continue reading →

On Friday, Oil prices advanced 1.81% against the USD for the 24 hour period ending 23:00GMT, closing at 96.36. In the Asian session, at GMT0300, Crude Oil is trading at 96.21, 0.16% lower from Friday’s close. Crude oil is expected … Continue reading →

Crude Oil prices declined 1.24% against the USD for the 24 hour period ending 23:00GMT, closing at 94.65. Yesterday, the Energy Information Administration (EIA) reported a decline of 7.4 million barrels in crude supplies in the week ended August 31. … Continue reading →

Oil prices advanced 0.35% against the USD for the 24 hour period ending 23:00GMT, closing at 95.84. Late yesterday, the American Petroleum Institute (API) reported that the US Crude oil inventories fell by 7.2 million barrels in the week ended … Continue reading →

Oil prices declined 1.37% against the USD for the 24 hour period ending 23:00GMT, closing at 95.51, amid demand concern following weak manufacturing and construction data from the US. Investors await the oil inventory reports later today and tomorrow to … Continue reading →

Oil prices advanced 0.46% against the USD for the 24 hour period ending 23:00GMT, closing at 96.84, on persistent hopes for stimulus measures from central banks in the US and Europe, with key policy meetings this week and next.. In … Continue reading →

On Friday, Oil prices advanced 1.80% against the USD for the 24 hour period ending 23:00GMT, closing at 96.38. In Iraq, oil ministry officials stated that nation’s oil exports reached their highest level in more than three decades in July … Continue reading →

Oil prices declined 0.61% against the USD for the 24 hour period ending 23:00GMT, closing at 94.68, ahead of a keenly anticipated speech by Federal Reserve Chief, Ben Bernanke. In the Asian session, at GMT0300, Crude Oil is trading at … Continue reading →