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 2.09% against the USD and closed at USD74.64 per barrel, amid rise in the US crude stockpiles and following reports that Russia and Saudi Arabia have reached … Continue reading

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Crude Oil: Oil trading a tad higher in the Asian session

Crude Oil Movement For the 24 hours to 23:00 GMT, Crude Oil rose 1.37% against the USD and closed at USD76.23 per barrel, amid prospects of decline in Iranian oil exports due to looming US sanctions. Meanwhile, the US Energy … 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 0.37% against the USD and closed at USD75.20 per barrel, after the American Petroleum Institute (API) reported that US crude oil inventories rose by 0.9 million barrels … Continue reading

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Crude Oil: Oil trading higher, ahead of API weekly crude oil stockpiles data

Crude Oil Movement For the 24 hours to 23:00 GMT, Crude Oil rose 2.75% against the USD and closed at USD75.48 per barrel, on Iran sanctions and NAFTA deal. In the Asian session, at GMT0300, the pair is trading at … Continue reading

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Crude Oil: Oil extend its gains in the Asian session

Crude Oil Movement For the 24 hours to 23:00 GMT, Crude Oil rose 1.84% against the USD and closed at USD73.47 per barrel on Friday, after fresh figures from Baker Hughes disclosed that the number of active oil rigs dropped … 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 marginally rose against the USD and closed at USD72.14 per barrel, after the US officials denied utilising domestic reserves to reduce the surge in oil prices. In the … Continue reading

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Crude Oil: Oil extends its gains in the Asian sesssion

Crude Oil Movement For the 24 hours to 23:00 GMT, Crude Oil rose 0.26% against the USD and closed at USD 72.11 per barrel. The Energy Information Administration (EIA) report indicated that US crude oil stockpiles advanced 1.9 million barrels … Continue reading

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Crude Oil: Oil trading higher, ahead of EIA’s weekly stockpiles data

Crude Oil Movement For the 24 hours to 23:00 GMT, Crude Oil declined 0.46% against the USD and closed at USD71.92 per barrel, after the American Petroleum Institute (API) reported that US crude oil inventories rose 2.9 million barrels to … 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 rose 1.02% against the USD and closed at USD72.25 per barrel after Saudi Arabia and Russia declined to announce an immediate increase in production despite calls by the … Continue reading

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Crude Oil: Oil trading on a stronger footing in the Asian session

Crude Oil Movement For the 24 hours to 23:00 GMT, Crude Oil rose 1.03% against the USD and closed at USD70.89 per barrel on Friday, after Baker Hughes reported that the number of active oil rigs fell by 1 to … 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 1.61% against the USD and closed at USD70.17 per barrel after US President, Donald Trump urged OPEC to reduce oil prices. In the Asian session, at GMT0300, … Continue reading

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