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

Crude Oil Movement For the 24 hours to 23:00 GMT, Crude Oil declined 0.65% against the USD and closed at USD56.89 per barrel, amid global growth concerns. In the Asian session, at GMT0300, the pair is trading at 56.71, with … 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 rose 1.27% against the USD and closed at USD57.26 per barrel, after the Energy Information Administration (EIA) report indicated that US crude oil stockpiles fell by 1.1 million … Continue reading

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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 3.94% against the USD and closed at USD56.54 per barrel. Separately, the American Petroleum Institute (API) reported that US crude oil inventories fell by 5.0 million barrels … Continue reading

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

Crude Oil Movement For the 24 hours to 23:00 GMT, Crude Oil declined 1.39% against the USD and closed at USD58.86 per barrel. Meanwhile, Organisation of the Petroleum Exporting Countries (OPEC) declared its decision to extend production cuts by nine … Continue reading

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Crude Oil: Oil trading higher in the morning session

Crude Oil Movement For the 24 hours to 23:00 GMT, Crude Oil declined 2.14% against the USD and closed at USD58.06 per barrel on Friday, after fresh figures from Baker Hughes disclosed that the number of active oil rigs advanced … Continue reading

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Crude Oil: Oil trading lower, ahead of Baker Hughes weekly rig count data

Crude Oil Movement For the 24 hours to 23:00 GMT, Crude Oil rose 0.61% against the USD and closed at USD59.33 per barrel, ahead of the upcoming G-20 summit and amid ease in US-China trade tensions. 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 rose 0.44% against the USD and closed at USD58.97 per barrel, after the Energy Information Administration (EIA) report indicated that US crude oil stockpiles declined by 12.8 million … Continue reading

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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 1.52% against the USD and closed at USD58.71 per barrel, after the American Petroleum Institute (API) reported that US crude oil inventories declined by 7.5 million barrels … Continue reading

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Crude Oil: Oil trading on a negative footing this morning

Crude Oil Movement For the 24 hours to 23:00 GMT, Crude Oil slightly rose against the USD and closed at USD57.83 per barrel, on the back of rising US-Iran tensions. In the Asian session, at GMT0300, the pair is trading … Continue reading

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

Crude Oil Movement For the 24 hours to 23:00 GMT, Crude Oil rose 0.59% against the USD and closed at USD57.65 per barrel on Friday, amid possible interruption in global crude supplies due to ongoing Middle East tensions. Meanwhile, fresh … 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 rose 5.64% against the USD and closed at USD57.31 per barrel, amid rising geopolitical tensions, after Iran shot down a US military drone. In the Asian session, at … Continue reading

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