Crude Oil: Oil trading higher, ahead of EIA’s weekly crude oil inventories data

Crude Oil Movement For the 24 hours to 23:00 GMT, Crude Oil declined 0.06% against the USD and closed at USD53.03 per barrel, after the American Petroleum Institute (API) reported that US crude oil inventories rose by 3.6 million barrels … Continue reading

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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 rose 0.38% against the USD and closed at USD53.06 per barrel, after Saudi Arabia indicated that OPEC along with Russia would tighten global oil supplies to avoid a … Continue reading

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

Crude Oil Movement For the 24 hours to 23:00 GMT, Crude Oil declined 5.83% against the USD and closed at USD53.29 per barrel on Friday, after US President Donald Trump decided to impose tariffs on Mexico thereby raising concerns over … 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 declined 4.41% against the USD and closed at USD56.59 per barrel, after the Energy Information Administration (EIA) report indicated that US crude oil stockpiles fell less than expected … Continue reading

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

Crude Oil Movement For the 24 hours to 23:00 GMT, Crude Oil rose 0.51% against the USD and closed at USD59.20 per barrel, after the American Petroleum Institute (API) reported that US crude oil inventories declined by 5.3 million barrels … Continue reading

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

Crude Oil Movement For the 24 hours to 23:00 GMT, Crude Oil declined 0.32% against the USD and closed at USD58.90 per barrel, as ongoing trade war between US and China fuelled concerns about global economic slowdown. In the Asian … Continue reading

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

Crude Oil Movement For the 24 hours to 23:00 GMT, Crude Oil rose 0.87% against the USD and closed at USD59.09 per barrel, following OPEC led supply cuts and US sanctions on Iran’s and Venezuela’s oil exports. On Friday, 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 declined 5.25% against the USD and closed at USD58.16 per barrel, as escalating US-China trade war tensions raised concerns over a slowdown in energy demand. In the Asian … Continue reading

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Crude Oil: Oil trading lower in the Asian session

Crude Oil Movement For the 24 hours to 23:00 GMT, Crude Oil declined 2.48% against the USD and closed at USD61.38 per barrel, after the Energy Information Administration (EIA) report indicated that US crude oil stockpiles rose by 4.7 million … Continue reading

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

Crude Oil Movement For the 24 hours to 23:00 GMT, Crude Oil declined 0.57% against the USD and closed at USD62.94 per barrel, after the American Petroleum Institute (API) reported that US crude oil inventories advanced 2.4 million barrels to … Continue reading

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

Crude Oil Movement For the 24 hours to 23:00 GMT, Crude Oil declined 0.42% against the USD and closed at USD63.30 per barrel, amid worries about a slowdown in energy demand. In the Asian session, at GMT0300, the pair is … Continue reading

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