Crude Oil Movement For the 24 hours to 23:00 GMT, Crude Oil declined 0.60% against the USD and closed at USD58.34 per barrel, after Saudi Arabia reported that it has restored its oil output lost in the recent attacks. In … Continue reading →

Crude Oil Movement For the 24 hours to 23:00 GMT, Crude Oil declined 0.51% against the USD and closed at USD58.50 per barrel on Friday. Meanwhile, fresh figures from Baker Hughes disclosed that the number of active oil rigs declined … Continue reading →

Crude Oil Movement For the 24 hours to 23:00 GMT, Crude Oil rose 1.07% against the USD and closed at USD58.80 per barrel, amid concerns over longer-than-expected supply shortfalls and rising tensions in the Middle East. In the Asian session, … Continue reading →

Crude Oil Movement For the 24 hours to 23:00 GMT, Crude Oil declined 1.05% against the USD and closed at USD58.18 per barrel, after the Energy Information Administration (EIA) report indicated that US crude oil stockpiles unexpectedly rose by 1.1 … Continue reading →

Crude Oil Movement For the 24 hours to 23:00 GMT, Crude Oil declined 4.95% against the USD and closed at USD58.80 per barrel, after Saudi Arabia’s Energy Minister Prince, Abdulaziz bin Salman, pledged to rebuild its lost oil production by … Continue reading →

Crude Oil Movement For the 24 hours to 23:00 GMT, Crude Oil rose 2.71% against the USD and closed at USD61.86 per barrel, after attacks on key Saudi Arabian oil facilities halved the country’s production and fuelled fears of retaliation … Continue reading →

Crude Oil Movement For the 24 hours to 23:00 GMT, Crude Oil declined 0.54% against the USD and closed at USD54.93 per barrel on Friday, amid mounting concerns over excessive global supply. Meanwhile, fresh figures from Baker Hughes disclosed that … Continue reading →

Crude Oil Movement For the 24 hours to 23:00 GMT, Crude Oil declined 1.29% against the USD and closed at USD55.23 per barrel, after the Organization of the Petroleum Exporting Countries (OPEC) and its allies failed to announce bigger oil … Continue reading →

Crude Oil Movement For the 24 hours to 23:00 GMT, Crude Oil declined 3.38% against the USD and closed at USD55.95 per barrel, amid reports that the US President, Donald Trump, is planning to ease sanctions on Iran raising the … Continue reading →

Crude Oil Movement For the 24 hours to 23:00 GMT, Crude Oil declined 0.36% against the USD and closed at USD57.91 per barrel, after the departure of National Security advisor John Bolton spurred hopes for ease in tensions between the … Continue reading →

Crude Oil Movement For the 24 hours to 23:00 GMT, Crude Oil rose 2.27% against the USD and closed at USD58.12 per barrel, after Saudi Arabia’s new Energy Minister, Prince Abdulaziz bin Salman pledged to continue oil output cuts. In … Continue reading →