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 rose 0.19% against the USD and closed at USD62.79 per barrel. In the Asian session, at GMT0400, the pair is trading at 62.97, with oil trading 0.29% higher … Continue reading

Posted in Crude Oil | Comments Off

Crude Oil: Oil trading lower in the morning session

Crude Oil Movement For the 24 hours to 23:00 GMT, Crude Oil declined 1.04% against the USD and closed at USD62.90 per barrel on Friday, amid concerns over America’s plans to issue waivers on Iranian oil sanctions and growing global … Continue reading

Posted in Crude Oil | Comments Off

Crude Oil: Oil trading lower, ahead of Baker Hughes weekly rig count data

Crude Oil Movement For the 24 hours to 23:00 GMT, Crude Oil declined 2.19% against the USD and closed at USD63.56 per barrel, amid fears that global demand is weakening. In the Asian session, at GMT0400, the pair is trading … Continue reading

Posted in Crude Oil | Comments Off

Crude Oil: Oil trading higher in the Asian session

Crude Oil Movement For the 24 hours to 23:00 GMT, Crude Oil declined 2.21% against the USD and closed at USD64.98 per barrel, after the Energy Information Administration (EIA) report indicated that US crude oil stockpiles rose by 3.2 million … Continue reading

Posted in Crude Oil | Comments Off

Crude Oil: Oil trading lower, ahead of EIA’s weekly crude oil inventories data

Crude Oil Movement For the 24 hours to 23:00 GMT, Crude Oil declined 0.30% against the USD and closed at USD66.45 per barrel, after the American Petroleum Institute (API) reported that US crude oil inventories advanced by 5.7 million barrels … Continue reading

Posted in Crude Oil | Comments Off

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 declined 1.42% against the USD and closed at USD66.65 per barrel, after Russia signalled that output will remain high and as ongoing weakness in global equity markets raised … Continue reading

Posted in Crude Oil | Comments Off

Crude Oil: Oil reverses it gains in the Asian session

Crude Oil Movement For the 24 hours to 23:00 GMT, Crude Oil rose 0.97% against the USD and closed at USD67.67 per barrel on Friday, amid worries over global supply levels. Meanwhile, fresh figures from Baker Hughes disclosed that the … Continue reading

Posted in Crude Oil | Comments Off

Crude Oil: Oil trading lower, ahead of Baker Hughes weekly rig count

Crude Oil Movement For the 24 hours to 23:00 GMT, Crude Oil rose 0.98% against the USD and closed at USD67.02 per barrel, as Saudi Arabia’s Energy Minister, Khalid Al-Falih, signalled that major producers might have to intervene in crude … Continue reading

Posted in Crude Oil | Comments Off

Crude Oil: Oil reverses its gains in the Asian session

Crude Oil Movement For the 24 hours to 23:00 GMT, Crude Oil rose 0.20% against the USD and closed at USD66.37 per barrel. The Energy Information Administration (EIA) report indicated that US crude oil stockpiles rose 6.3 million barrels to … Continue reading

Posted in Crude Oil | Comments Off

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 4.79% against the USD and closed at USD66.24 per barrel, after the American Petroleum Institute (API) reported that US crude oil inventories climbed by 9.9 million barrels … Continue reading

Posted in Crude Oil | Comments Off

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 0.48% against the USD and closed at USD69.57 per barrel. In the Asian session, at GMT0300, the pair is trading at 69.23, with oil trading 0.49% lower … Continue reading

Posted in Crude Oil | Comments Off