Crude Oil Movement For the 24 hours to 23:00 GMT, Crude Oil rose 0.44% against the USD and closed at USD56.57 per barrel on Friday, after fresh figures from Baker Hughes disclosed that the number of active oil rigs fell … Continue reading →

Crude Oil Movement For the 24 hours to 23:00 GMT, Crude Oil rose 0.37% against the USD and closed at USD56.32 per barrel, after the Energy Information Administration (EIA) report indicated that US crude oil stockpiles declined by 4.8 million … Continue reading →

Crude Oil Movement For the 24 hours to 23:00 GMT, Crude Oil rose 3.95% against the USD and closed at USD56.11 per barrel, amid easing geopolitical trade tensions and strong economic data from China. Separately, the American Petroleum Institute (API) … Continue reading →

Crude Oil Movement For the 24 hours to 23:00 GMT, Crude Oil declined 1.44% against the USD and closed at USD53.98 per barrel, after China imposed a 5% tariff on all imports of US crude oil. In the Asian session, … Continue reading →

Crude Oil Movement For the 24 hours to 23:00 GMT, Crude Oil declined 0.36% against the USD and closed at USD54.77 per barrel, as new tariffs imposed by China and the US raised concerns over global economic growth and demand … Continue reading →

Crude Oil Movement For the 24 hours to 23:00 GMT, Crude Oil declined 2.65% against the USD and closed at USD55.09 per barrel on Friday, after Russian Energy Minister, Alexander Novak, stated that Russia’s oil output cuts in August will … Continue reading →

Crude Oil Movement For the 24 hours to 23:00 GMT, Crude Oil rose 1.32% against the USD and closed at USD56.59 per barrel, amid renewed optimism over US China trade deal. In the Asian session, at GMT0300, the pair is … Continue reading →

Crude Oil Movement For the 24 hours to 23:00 GMT, Crude Oil rose 0.47% against the USD and closed at USD55.85 per barre, after the Energy Information Administration (EIA) report indicated that US crude oil stockpiles dropped by 10.0 million … Continue reading →

Crude Oil Movement For the 24 hours to 23:00 GMT, Crude Oil rose 3.17% against the USD and closed at USD55.59 per barrel, after the American Petroleum Institute (API) reported that US crude oil inventories declined by 11.1 million barrels … Continue reading →

Crude Oil Movement For the 24 hours to 23:00 GMT, Crude Oil rose 0.82% against the USD and closed at USD53.88 per barrel, amid hopes of US-China trade deal. In the Asian session, at GMT0300, the pair is trading at … Continue reading →

Crude Oil Movement For the 24 hours to 23:00 GMT, Crude Oil declined 1.07% against the USD and closed at USD55.44 per barrel, amid worries over global oil demand and ahead of the US Fed Chairman, Jerome Powell’s speech in … Continue reading →