Crude Oil Movement For the 24 hours to 23:00 GMT, Crude Oil declined 6.82% against the USD and closed at USD53.46 per barrel, amid mounting concerns over global economic outlook and ongoing worries over rising global supplies. Meanwhile, the American … Continue reading →

Crude Oil Movement For the 24 hours to 23:00 GMT, Crude Oil rose 0.38% against the USD and closed at USD57.37 per barrel, amid reports that the European Union backed a decision by the French government to sanction Iranian nationals … Continue reading →

Crude Oil Movement For the 24 hours to 23:00 GMT, Crude Oil rose 0.30% against the USD and closed at USD56.73 per barrel on Friday. Meanwhile, fresh figures from Baker Hughes disclosed that the number of active oil rigs rose … Continue reading →

Crude Oil Movement For the 24 hours to 23:00 GMT, Crude Oil rose 1.07% against the USD and closed at USD56.56 per barrel, after a weekly government report showed a huge decline in the US inventories of processed fuels. Meanwhile, … Continue reading →

Crude Oil Movement For the 24 hours to 23:00 GMT, Crude Oil rose 0.85% against the USD and closed at USD55.96 per barrel, amid hopes that OPEC and other producers would discuss supply cuts at a meeting next month. Meanwhile, … Continue reading →

Crude Oil Movement For the 24 hours to 23:00 GMT, Crude Oil declined 5.73% against the USD and closed at USD55.49 per barrel, led by weak prospects for global economic growth and declining demand for oil. In the Asian session, … Continue reading →

Crude Oil Movement For the 24 hours to 23:00 GMT, Crude Oil fell 3.14% against the USD and closed at USD58.86 per barrel, after US President, Donald Trump, stated that he hopes OPEC does not cut crude production. In the … Continue reading →

Crude Oil Movement For the 24 hours to 23:00 GMT, Crude Oil declined 0.92% against the USD and closed at USD60.19 per barrel on Friday, amid growing concerns over rising output and economic slowdown. Additionally, fresh figures from Baker Hughes … Continue reading →

Crude Oil Movement For the 24 hours to 23:00 GMT, Crude Oil declined 1.60% against the USD and closed at USD60.75 per barrel, amid concerns over mounting inventories and ongoing economic uncertainity. In the Asian session, at GMT0400, the pair … Continue reading →

Crude Oil Movement For the 24 hours to 23:00 GMT, Crude Oil slightly declined against the USD and closed at USD61.74 per barrel, after the Energy Information Administration (EIA) report indicated that US crude oil stockpiles rose 5.8 million barrels … Continue reading →

Crude Oil Movement For the 24 hours to 23:00 GMT, Crude Oil declined 1.66% against the USD and closed at USD61.75 per barrel, after the American Petroleum Institute (API) reported that US crude oil inventories increased by 7.8 million barrels … Continue reading →