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 rose 1.15% against the USD and closed at USD57.04 per barrel, after the US and China agreed to suspend existing tariffs if they reached a partial trade deal. … Continue reading

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Crude Oil: Oil trading lower in the Asian sessions

Crude Oil Movement For the 24 hours to 23:00 GMT, Crude Oil declined 1.36% against the USD and closed at USD56.39 per barrel, after the Energy Information Administration (EIA) report indicated that US crude oil stockpiles rose more-than-expected by 7.9 … Continue reading

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Crude Oil: Oil trading lower, ahead of EIA’s weekly crude oil inventories data

Crude Oil Movement For the 24 hours to 23:00 GMT, Crude Oil rose 1.19% against the USD and closed at USD57.17 per barrel, amid US-China trade progress and after the Organization of the Petroleum Exporting Countries (OPEC) stated that it … Continue reading

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

Crude Oil Movement For the 24 hours to 23:00 GMT, Crude Oil rose 0.95% against the USD and closed at USD56.50 per barrel, amid optimism over Sino-American trade resolution. In the Asian session, at GMT0400, the pair is trading at … Continue reading

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Crude Oil: Oil trading lower in the morning session

Crude Oil Movement For the 24 hours to 23:00 GMT, Crude Oil rose 3.53% against the USD and closed at USD56.02 per barrel on Friday, after fresh figures from Baker Hughes disclosed that the number of active oil rigs declined … Continue reading

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

Crude Oil Movement For the 24 hours to 23:00 GMT, Crude Oil declined 1.56% against the USD and closed at USD54.11 per barrel, amid growing concerns over global economic growth and crude oil demand.. In the Asian session, at GMT0400, … Continue reading

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Crude Oil: Oil trading higher in the morning session

Crude Oil Movement For the 24 hours to 23:00 GMT, Crude Oil declined 1.03% against the USD and closed at USD54.97 per barrel, after the Energy Information Administration (EIA) report indicated that US crude oil stockpiles rose by 5.7 million … Continue reading

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

Crude Oil Movement For the 24 hours to 23:00 GMT, Crude Oil declined 0.48% against the USD and closed at USD55.54 per barrel. Separately, the American Petroleum Institute (API) reported that US crude oil inventories fell by 1.7 million barrels … Continue reading

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

Crude Oil Movement For the 24 hours to 23:00 GMT, Crude Oil declined 1.29% against the USD and closed at USD55.81 per barrel, amid speculation that the Energy Information Administration (EIA) may report an increase of 0.5 million barrels 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 0.96% against the USD and closed at USD56.64 per barrel on Friday, after fresh figures from Baker Hughes disclosed that the number of active US oil rigs … 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 rose 0.63% against the USD and closed at USD56.10 per barrel, amid prospects of deeper production cuts by the Organization of the Petroleum Exporting Countries and other oil … Continue reading

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