Crude Oil: Oil reverses its gains in the Asian session

Crude Oil Movement For the 24 hours to 23:00 GMT, Crude Oil rose 3.33% against the USD and closed at USD52.16 per barrel, amid continued optimism over US-China trade negotiations and after the Energy Information Administration (EIA) report indicated that … 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 rose 2.09% against the USD and closed at USD49.80 per barrel, led by global efforts to contain crude output and optimism around US-China trade talk. Additionally, the American … Continue reading

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

Crude Oil Movement For the 24 hours to 23:00 GMT, Crude Oil rose 0.93% against the USD and closed at USD48.76 per barrel, amid optimism over US-China trade talks and on support from OPEC production cuts. Adding to the positive … 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 2.17% against the USD and closed at USD48.09 per barrel on Friday, amid upbeat US economic data and renewed optimism over US-China trade talks. Additionally, fresh figures … Continue reading

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Crude Oil: Oil trading higher, ahead of EIA’s weekly crude oil inventories data and Baker Hughes weekly rig count

Crude Oil Movement For the 24 hours to 23:00 GMT, Crude Oil rose 2.58% against the USD and closed at USD46.91 per barrel, after the American Petroleum Institute (API) reported that US crude oil inventories fell by 4.5 million barrels … Continue reading

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

Crude Oil Movement For the 24 hours to 23:00 GMT, Crude Oil rose 1.72% against the USD and closed at USD46.08 per barrel, amid drop in December crude exports from Saudi Arabia and ahead of output cuts by the Organization … Continue reading

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Crude Oil: Oil trading lower this morning

Crude Oil Movement For the 24 hours to 23:00 GMT, Crude Oil declined 0.09% against the USD and closed at USD45.77 per barrel, amid persistent concerns over global supply glut. In the Asian session, at GMT0400, the pair is trading … 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 declined 0.79% against the USD and closed at USD45.30 per barrel on Friday, after fresh figures from Baker Hughes disclosed that the number of active oil rigs climbed … 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 1.39% against the USD and closed at USD45.34 per barrel, amid ongoing worries over global economic growth and excess supply. Additionally, the American Petroleum Institute (API) reported … Continue reading

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Crude Oil: Oil trading lower this morning

Crude Oil Movement For the 24 hours to 23:00 GMT, Crude Oil rose 8.79% against the USD and closed at USD46.55 per barrel. In the Asian session, at GMT0400, the pair is trading at 46.06, with oil trading 1.05% lower … Continue reading

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Crude Oil: Oil trading higher this morning

Crude Oil Movement For the 24 hours to 23:00 GMT, Crude Oil declined 2.03% against the USD and closed at USD45.44 per barrel on Friday, amid ongoing worries over slowdown in demand. Additionally, fresh figures from Baker Hughes disclosed that … Continue reading

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