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

Crude Oil Movement For the 24 hours to 23:00 GMT, Crude Oil declined 0.89% against the USD and closed at USD52.39 per barrel, after the American Petroleum Institute (API) reported that US crude oil inventories rose by 4.1 million barrels … Continue reading

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

Crude Oil Movement For the 24 hours to 23:00 GMT, Crude Oil rose 0.32% against the USD and closed at USD52.86 per barrel, amid renewed hopes over upcoming fresh trade talks between the US-China. Additionally, the S&P Global Platts survey … 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 0.99% against the USD and closed at USD52.85 per barrel on Friday, as the release of US jobs data helped calm fears of a global economic slowdown. … 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 0.51% against the USD and closed at USD52.33 per barrel, amid ongoing worries over global demand. In the Asian session, at GMT0300, the pair is trading at … Continue reading

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Crude Oil: Oil reverses its losses in the Asian session

Crude Oil Movement For the 24 hours to 23:00 GMT, Crude Oil declined 2.59% against the USD and closed at USD52.60 per barrel, after the Energy Information Administration (EIA) report indicated that US crude oil stockpiles rose more-than-anticipated by 3.1 … Continue reading

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

Crude Oil Movement For the 24 hours to 23:00 GMT, Crude Oil declined 0.50% against the USD and closed at USD54.00 per barrel, as disappointing US manufacturing data and following Ecuador’s decision to exit from the Organization of the Petroleum … 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 declined 3.18% against the USD and closed at USD54.27 per barrel, after Saudi Aramco restored to its full oil output capacity lost in September. In the Asian session, … Continue reading

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Crude Oil: Oil trading higher in the Asian session

Crude Oil Movement For the 24 hours to 23:00 GMT, Crude Oil declined 0.83% against the USD and closed at USD55.85 per barrel on Friday, amid reports that US President, Donald Trump’s administration may limit the US portfolio investments into … Continue reading

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Crude Oil: Oil trading extends its losses in the Asian session

Crude Oil Movement For the 24 hours to 23:00 GMT, Crude Oil declined 0.51% against the USD and closed at USD56.32 per barrel, amid fears of weak global economic growth and its impact on oil demand. Meanwhile, the US decided … Continue reading

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Crude Oil: Oil trading extends its losses in the Asian session

Crude Oil Movement For the 24 hours to 23:00 GMT, Crude Oil declined 0.32% against the USD and closed at USD56.61 per barrel, after Saudi Arabia restored its oil production capacity and after the Energy Information Administration (EIA) report indicated … Continue reading

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Crude Oil: Oil trading higher, ahead of EIA weekly crude oil inventories data

Crude Oil Movement For the 24 hours to 23:00 GMT, Crude Oil declined 2.66% against the USD and closed at USD56.79 per barrel, after the American Petroleum Institute (API) reported that US crude oil inventories rose by 1.4 million barrels … Continue reading

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