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 1.38% against the USD and closed at USD53.42 per barrel, as persistent trade tensions fuelled concerns over weakening energy demand. Separately, the Energy Information Administration (EIA), in … Continue reading

Posted in Crude Oil | Comments Off

Crude Oil: Oil trading lower in the Asian session

Crude Oil Movement For the 24 hours to 23:00 GMT, Crude Oil rose 1.62% against the USD and closed at USD55.27 per barrel on Friday, after fresh figures from Baker Hughes disclosed that the number of active rigs fell by … Continue reading

Posted in Crude Oil | Comments Off

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 6.06% against the USD and closed at USD54.39 per barrel, as US President Donald Trump decided to impose new tariffs on Chinese goods. In the Asian session, … Continue reading

Posted in Crude Oil | Comments Off

Crude Oil: Oil trading marginally lower in the Asian session

Crude Oil Movement For the 24 hours to 23:00 GMT, Crude Oil declined 0.48% against the USD and closed at USD57.90 per barrel. Separately, the Energy Information Administration (EIA) report indicated that US crude oil stockpiles fell by 8.5 million … Continue reading

Posted in Crude Oil | Comments Off

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 rose 1.73% against the USD and closed at USD58.18 per barrel, after the American Petroleum Institute (API) reported that US crude oil inventories fell by 6.0 million barrels … Continue reading

Posted in Crude Oil | Comments Off

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

Crude Oil Movement For the 24 hours to 23:00 GMT, Crude Oil rose 1.91% against the USD and closed at USD57.19 per barrel, after trade talks between the US and China resumed, renewing hopes for a near-term deal and expectations … Continue reading

Posted in Crude Oil | Comments Off

Crude Oil: Oil trading lower in the Asian session

Crude Oil Movement For the 24 hours to 23:00 GMT, Crude Oil rose 0.21% against the USD and closed at USD56.17 per barrel on Friday, after fresh figures from Baker Hughes disclosed that the number of active oil rigs fell … Continue reading

Posted in Crude Oil | Comments Off

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 rose 0.11% against the USD and closed at USD56.05 per barrel, amid rising Middle East tensions and a huge decline in US crude inventories. In the Asian session, … Continue reading

Posted in Crude Oil | Comments Off

Crude Oil: Oil trading higher in the Asian session

Crude Oil Movement For the 24 hours to 23:00 GMT, Crude Oil declined 2.00% against the USD and closed at USD55.99 per barrel. Separately, the Energy Information Administration (EIA) report indicated that US crude oil stockpiles dropped by 10.8 million … Continue reading

Posted in Crude Oil | Comments Off

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 1.73% against the USD and closed at USD57.13 per barrel, after the American Petroleum Institute (API) reported that US crude oil inventories fell by 11.0 million barrels … Continue reading

Posted in Crude Oil | Comments Off

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 0.12% against the USD and closed at USD56.16 per barrel, after the International Energy Agency stated that it would act quickly if needed to keep the global … Continue reading

Posted in Crude Oil | Comments Off