Crude Oil Movement For the 24 hours to 23:00 GMT, Crude Oil rose 0.57% against the USD and closed at USD56.12 per barrel on Friday, after a report indicated that UK’s flagged oil tanker was seized by Iranian Revolutionary Guard … Continue reading →

Crude Oil Movement For the 24 hours to 23:00 GMT, Crude Oil declined 1.40% against the USD and closed at USD55.80 per barrel, amid expectations of rise in crude oil production from the US Gulf of Mexico region. In the … Continue reading →

Crude Oil Movement For the 24 hours to 23:00 GMT, Crude Oil declined 1.74% against the USD and closed at USD56.59 per barrel, after US crude supplies dropped less-than-expected and gasoline inventories climbed significantly. Meanwhile, the Energy Information Administration (EIA) … Continue reading →

Crude Oil Movement For the 24 hours to 23:00 GMT, Crude Oil declined 3.00% against the USD and closed at USD57.59 per barrel, as Iran tensions eased, after the US Secretary of State, Mike Pompeo, stated that Iran is ready … Continue reading →

Crude Oil Movement For the 24 hours to 23:00 GMT, Crude Oil declined 0.97% against the USD and closed at USD59.37 per barrel, after oil production in the Gulf of Mexico restarted, after Hurricane Barry swept through over the weekend. … Continue reading →

Crude Oil Movement For the 24 hours to 23:00 GMT, Crude Oil declined 0.18% against the USD and closed at USD60.27 per barrel on Friday, amid growing concerns over near term scenarios for demand and supply. Meanwhile, fresh figures from … Continue reading →

Crude Oil Movement For the 24 hours to 23:00 GMT, Crude Oil declined 0.07% against the USD and closed at USD60.38 per barrel after Organization of the Petroleum Exporting Countries, in its monthly report trimmed its global demand forecast by … Continue reading →

Crude Oil Movement For the 24 hours to 23:00 GMT, Crude Oil rose 3.30% against the USD and closed at USD60.42 per barrel, after the US Energy Information Administration (EIA) report revealed that crude supplies fell by 9.5 million barrels … Continue reading →

Crude Oil Movement For the 24 hours to 23:00 GMT, Crude Oil rose 1.70% against the USD and closed at USD58.49 per barrel, after the American Petroleum Institute (API) reported that US crude oil inventories dropped by 8.1 million barrels … Continue reading →

Crude Oil Movement For the 24 hours to 23:00 GMT, Crude Oil declined 0.26% against the USD and closed at USD57.51 per barrel, amid fears over the outlook for demand. In the Asian session, at GMT0300, the pair is trading … Continue reading →

Crude Oil Movement For the 24 hours to 23:00 GMT, Crude Oil rose 1.27% against the USD and closed at USD57.61 per barrel on Friday, amid escalating tensions in the Middle East. In the Asian session, at GMT0300, the pair … Continue reading →