Oil prices declined 0.65% against the USD for the 24 hour period ending 23:00GMT, closing at 103.15, as fears over the health of the Euro-zone economies and political uncertainty countered worries over a production stoppage in the North Sea … Continue reading →

  Oil prices advanced 1.21% against the USD, on Friday, for the 24 hour period ending 23:00GMT, closing at 103.81, after Iraq halted some crude exports on a technical fault and as encouraging economic data from Europe raised prospects for … Continue reading →

  Oil prices declined 0.23% against the USD for the 24 hour period ending 23:00GMT, closing at 102.57, as poor US jobs data renewed concerns about the US economic recovery. In the Asian session, at GMT0300, Crude Oil is trading … Continue reading →

  Oil prices declined 1.41% against the USD for the 24 hour period ending 23:00GMT, closing at 102.81, after reports showed more-than-expected rise in US crude oil inventories. Yesterday, the Energy Information Administration report showed that crude oil inventories jumped … Continue reading →

  Oil prices advanced 1.06% against the USD for the 24 hour period ending 23:00GMT, closing at 104.28, as positive European economic data and IMF boosting its global growth outlook, revived hopes that global demand for oil would increase. Late … Continue reading →

  Oil prices advanced 0.73% against the USD for the 24 hour period ending 23:00GMT, closing at 103.19, after strong US retail sales data lifted hopes that a recovering US economy may bolster fuel demand. Separately, investors await the oil … Continue reading →

  Oil prices declined 0.87% against the USD, on Friday, for the 24 hour period ending 23:00GMT, closing at 102.85, as slowdown in Chinese economic growth raised concerns about oil demand. Additionally, a stronger US Dollar and a jump in … Continue reading →

  Oil prices advanced 1.11% against the USD for the 24 hour period ending 23:00GMT, closing at 103.75, as greenback weakened after central bank officials in the US indicated they would use monetary policies to stimulate their economies. Meanwhile, oil … Continue reading →

  Oil prices advanced 1.51% against the USD for the 24 hour period ending 23:00GMT, closing at 102.61, as the Fed Beige Book confirmed growth in the world’s largest economy. The Federal Reserve’s Beige Book report indicated that the US … Continue reading →

  Oil prices declined 1.14% against the USD for the 24 hour period ending 23:00GMT, closing at 101.08, after reports showed an increase in US crude oil stockpiles. Late Tuesday, the American Petroleum Institute reported that crude oil stockpiles rose … Continue reading →

  Oil prices advanced 0.14% against the USD for the 24 hour period ending 23:00GMT, closing at 102.34. Investors remain cautious ahead of talks taking place in Turkey on April 13 and 14 between Iran and major global powers, including … Continue reading →