Crude Oil Movement For the 24 hours to 23:00 GMT, Crude Oil rose 2.36% against the USD and closed at USD41.61 per barrel, after the European Union agreed on a stimulus aid package worth €750 billion to aid recovery. In … Continue reading →

Crude Oil Movement For the 24 hours to 23:00 GMT, Crude Oil rose 0.82% against the USD and closed at USD40.65 per barrel, as optimism over the development of a potential coronavirus vaccine offset concerns over energy demand. In the … Continue reading →

Crude Oil Movement For the 24 hours to 23:00 GMT, Crude Oil declined 0.59% against the USD and closed at USD40.59 per barrel on Friday, amid worries that increasing Covid-19 cases could result more economic shutdown and decrease demand for … Continue reading →

Crude Oil Movement For the 24 hours to 23:00 GMT, Crude Oil declined 0.46% against the USD and closed at USD40.83 per barrel, after the Organisation of the Petroleum Exporting Countries and its allies agreed to trim supply curbs and … Continue reading →

Crude Oil Movement For the 24 hours to 23:00 GMT, Crude Oil rose 1.03% against the USD and closed at USD41.02 per barrel, after the Energy Information Administration (EIA) reported that crude oil inventories fell by 7.5 million barrels to … Continue reading →

Crude Oil Movement For the 24 hours to 23:00 GMT, Crude Oil rose 2.68% against the USD and closed at USD40.60 per barrel, after the American Petroleum Institute (API) reported that crude oil inventories fell by 8.3 million barrels for … Continue reading →

Crude Oil Movement For the 24 hours to 23:00 GMT, Crude Oil declined 1.79% against the USD and closed at USD39.54 per barrel, amid fears that major oil producers including Russia are expected to ease their production cuts to 7.7 … Continue reading →

Crude Oil Movement For the 24 hours to 23:00 GMT, Crude Oil rose 2.27% against the USD and closed at USD40.49 per barrel on Friday, amid positive developments related to coronavirus treatment and after the International Energy Agency (IEA) raised … Continue reading →

Crude Oil Movement For the 24 hours to 23:00 GMT, Crude Oil declined 3.25% against the USD and closed at USD39.59 per barrel, amid fears that lockdown restrictions would be re-implemented due to surging coronavirus cases worldwide. In the Asian … Continue reading →

Crude Oil Movement For the 24 hours to 23:00 GMT, Crude Oil rose 1.29% against the USD and closed at USD40.92 per barrel, amid rise in US crude imports and signs of recovery in gasoline consumption in the US. Meanwhile, … Continue reading →

Crude Oil Movement For the 24 hours to 23:00 GMT, Crude Oil declined 0.57% against the USD and closed at USD40.4 per barrel, as surge in coronavirus cases across the globe stoked concerns over energy demand. Additionally, the American Petroleum … Continue reading →