Crude Oil: Oil trading on a stronger footing this morning

Crude Oil Movement For the 24 hours to 23:00 GMT, Crude Oil declined 0.68% against the USD and closed at USD62.74 per barrel on Friday, amid concerns over crude oil demand. Meanwhile, fresh figures from Baker Hughes disclosed that the … Continue reading

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Crude Oil: Oil extends its gains in the Asian session

Crude Oil Movement For the 24 hours to 23:00 GMT, Crude Oil rose 1.56% against the USD and closed at USD63.17 per barrel, amid escalating geopolitical tensions in the Middle East. In the Asian session, at GMT0300, the pair is … 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 1.47% against the USD and closed at USD62.20 per barrel, amid escalating tensions in the Middle East. Separately, the Energy Information Administration (EIA) report indicated that US … 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 0.57% against the USD and closed at USD61.30 per barrel, amid worries over crude oil supplies, following reports of attacks on major Saudi facilities. Separately, the American … 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 declined 1.01% against the USD and closed at USD60.95 per barrel, as rising US-China trade tensions fuelled concerns over global economic growth. In the Asian session, at GMT0300, … 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 0.08% against the USD and closed at USD61.67 per barrel on Friday, amid mounting trade tensions between US-China. Meanwhile, fresh figures from Baker Hughes disclosed that the … 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 0.44% against the USD and closed at USD61.72 per barrel, amid mounting concerns over Sino-American trade war. In the Asian session, at GMT0300, the pair is trading … 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 rose 0.65% against the USD and closed at USD61.99 per barrel, after the Energy Information Administration (EIA) report indicated that US crude oil stockpiles declined by 4.0 million … Continue reading

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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 1.00% against the USD and closed at USD61.59 per barrel, after the American Petroleum Institute (API) reported that US crude oil inventories advanced by 2.8 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 2.72% against the USD and closed at USD62.21 per barrel, after US decided to tighten sanctions on Iranian oil, thereby reigniting geopolitical tensions in the Middle East. … 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 2.90% against the USD and closed at USD61.68 per barrel, after the expiry of US waivers on Iran oil sanctions and as an increase in domestic supplies … Continue reading

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