Crude Oil Movement For the 24 hours to 23:00 GMT, Crude Oil declined 2.17% against the USD and closed at USD46.38 per barrel, amid worries over excess supply and outlook for energy demand. In the Asian session, at GMT0400, the … Continue reading →

Crude Oil Movement For the 24 hours to 23:00 GMT, Crude Oil rose 2.71% against the USD and closed at USD47.41 per barrel, after the Energy Information Administration (EIA) report indicated that US crude oil stockpiles fell by 0.5 million … Continue reading →

Crude Oil Movement For the 24 hours to 23:00 GMT, Crude Oil declined 6.45% against the USD and closed at USD46.16 per barrel, amid concerns over crude oversupply and after the American Petroleum Institute (API) reported that US crude oil … Continue reading →

Crude Oil Movement For the 24 hours to 23:00 GMT, Crude Oil declined 3.84% against the USD and closed at USD49.34 per barrel, after data showed a rise in crude inventories at the US storage hub in Cushing, Oklahoma. Further, … Continue reading →

Crude Oil Movement For the 24 hours to 23:00 GMT, Crude Oil declined 3.14% against the USD and closed at USD51.15 per barrel on Friday, as weak economic data from China reigned concerns of lower fuel demand from the country. … Continue reading →

Crude Oil Movement For the 24 hours to 23:00 GMT, Crude Oil rose 2.82% against the USD and closed at USD52.81 per barrel, amid news reports that Saudi Arabia is planning to reduce shipments to the US refiners to avoid … Continue reading →

Crude Oil Movement For the 24 hours to 23:00 GMT, Crude Oil declined 1.33% against the USD and closed at USD51.36 per barrel, after the Energy Information Administration (EIA) report indicated that US crude oil stockpiles dropped less-than-expected by 1.2 … Continue reading →

Crude Oil Movement For the 24 hours to 23:00 GMT, Crude Oil rose 2.12% against the USD and closed at USD52.05 per barrel, amid sudden disruptions in Libya’s output. Additionally, the American Petroleum Institute (API) reported that US crude oil … Continue reading →

Crude Oil Movement For the 24 hours to 23:00 GMT, Crude Oil declined 3.03% against the USD and closed at USD50.97 per barrel, amid worries over a slowdown in global oil demand. In the Asian session, at GMT0400, the pair … Continue reading →

Crude Oil Movement For the 24 hours to 23:00 GMT, Crude Oil rose 1.33% against the USD and closed at USD52.38 per barrel on Friday, after OPEC and its allies agreed to reduce oil output starting next year.Additionally, fresh figures … Continue reading →

Crude Oil Movement For the 24 hours to 23:00 GMT, Crude Oil declined 2.62% against the USD and closed at USD51.69 per barrel, after the OPEC postponed its decision on production reduction. Meanwhile, the Energy Information Administration (EIA) report indicated … Continue reading →