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- Crude Oil: Oil trading higher ahead of Baker Hughes weekly rig count data
- Silver; White metal trading on a weaker footing this morning
- Gold: Yellow metal reverses it gains in the Asian session
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- USD/CAD: Loonie trading on a stronger footing this morning
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Crude Oil: Oil trading higher ahead of API’s weekly crude inventories data
Crude Oil Movement For the 24 hours to 23:00 GMT, Crude Oil declined 1.07% against the USD and closed at USD69.33 per barrel, amid a stronger US dollar and speculation of rising stockpiles at the Cushing, Oklahoma. In the Asian … Continue reading
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Crude Oil: Oil trading a tad lower in the morning session
Crude Oil Movement For the 24 hours to 23:00 GMT, Crude Oil rose 0.46% against the USD and closed at USD70.08 per barrel, amid fears that US sanctions would tighten Iranian supplies. In the Asian session, at GMT0300, the pair … Continue reading
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Crude Oil: Oil trading extends its losses in the Asian session
Crude Oil Movement For the 24 hours to 23:00 GMT, Crude Oil declined 0.21% against the USD and closed at USD69.93 per barrel on Friday, after Baker Hughes reported that the number of active oil rigs rose by 2 to … Continue reading
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Crude Oil: Oil trading higher, ahead of Baker Hughes weekly rig count
Crude Oil Movement For the 24 hours to 23:00 GMT, Crude Oil rose 0.62% against the USD and closed at USD70.08 per barrel, amid weekly declines in the US crude supplies and led by ongoing concerns over tighter global inventories … Continue reading
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Crude Oil: Oil reverses its gains in the Asian session
Crude Oil Movement For the 24 hours to 23:00 GMT, Crude Oil rose 1.58% against the USD and closed at USD69.65 per barrel, after the Energy Information Administration (EIA) report indicated that US crude oil stockpiles fell more than estimated … Continue reading
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Crude Oil: Oil trading flat in the Asian session
Crude Oil Movement For the 24 hours to 23:00 GMT, Crude Oil declined 0.61% against the USD and closed at USD68.57 per barrel, after the American Petroleum Institute (API) reported that US crude oil inventories increased by 38.0K barrels to … Continue reading
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Crude Oil: Oil trading lower, ahead of API’s weekly crude oil inventories data
Crude Oil Movement For the 24 hours to 23:00 GMT, Crude Oil rose 0.51% against the USD and closed at USD68.99 per barrel, after a committee of OPEC and non-OPEC producers announced that oil producers participating in a supply-reduction agreement … Continue reading
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Crude Oil: Oil trading on a stronger footing, ahead of Baker Hughes weekly rig count data
Crude Oil Movement For the 24 hours to 23:00 GMT, Crude Oil declined 0.22% against the USD and closed at USD67.86 per barrel, amid signs of tightening US crude inventories. In the Asian session, at GMT0300, the pair is trading … Continue reading
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Crude Oil: Oil trading flat in the Asian session
Crude Oil Movement For the 24 hours to 23:00 GMT, Crude Oil rose 2.98% against the USD and closed at USD68.01 per barrel, after the Energy Information Administration (EIA) report indicated that US crude oil stockpiles declined by 5.8 million … 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 0.87% against the USD and closed at USD66.04 per barrel. Separately, the American Petroleum Institute (API) reported that crude oil inventories declined by 5.2 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 1.23% against the USD and closed at USD66.62 per barrel, as the US sanctions on Iran led to concerns of tighter global oil supplies and amid easing … Continue reading
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