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

Crude Oil Movement For the 24 hours to 23:00 GMT, Crude Oil declined 0.32% against the USD and closed at USD67.74 per barrel, after the American Petroleum Institute (API) reported that US crude oil inventories rose 0.63 million barrels to … Continue reading

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Crude Oil: Oil trading higher, ahead of the API’s weekly crude oil inventories data

Crude Oil Movement For the 24 hours to 23:00 GMT, Crude Oil declined 3.83% against the USD and closed at USD67.96 per barrel, as Libyan ports resumed export activities and traders eyed potential supply increases by Russia and other producers. … Continue reading

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Crude Oil: Oil trading on a weaker footing this morning

Crude Oil Movement For the 24 hours to 23:00 GMT, Crude Oil rose 0.63% against the USD and closed at USD70.65 per barrel on Friday, as strike actions in Norway and Iraq hit supplies. Separately, fresh figures from Baker Hughes … Continue reading

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

Crude Oil Movement For the 24 hours to 23:00 GMT, Crude Oil declined 0.59% against the USD and closed at USD70.21 per barrel. In the Asian session, at GMT0300, the pair is trading at 70.29, with oil trading 0.11% higher … Continue reading

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Crude Oil: Oil trading higher in the Asian session

Crude Oil Movement For the 24 hours to 23:00 GMT, Crude Oil declined 4.55% against the USD and closed at USD70.63 per barrel, as Libya’s National Oil Corporation (NOC) lifted a force majeure on four oil ports. The Energy Information … Continue reading

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Crude Oil: Crude 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 remained flat against the USD and closed at USD74.00 per barrel. Separately, the American Petroleum Institute (API) reported that US crude oil inventories fell 6.8 million barrels to … Continue reading

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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 0.13% against the USD and closed at USD74.00 per barrel. In the Asian session, at GMT0300, the pair is trading at 74.04, with oil trading 0.05% higher … Continue reading

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Crude Oil: Oil extends its gains in the morning session

Crude Oil Movement For the 24 hours to 23:00 GMT, Crude Oil rose 1.00% against the USD and closed at USD73.83 per barrel on Friday. Baker Hughes disclosed that the number of active oil rigs in the US rose by … Continue reading

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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 declined 1.40% against the USD and closed at USD73.10 per barrel, after the Energy Information Administration (EIA) report indicated that US crude oil stockpiles unexpectedly rose 1.2 million … 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 0.56% against the USD and closed at USD74.14 per barrel. In the Asian session, at GMT0300, the pair is trading at 73.88, with oil trading 0.35% lower … 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 rose 0.78% against the USD and closed at USD74.56 per barrel, amid concerns over global supply shortage and US sanctions against Iran. Moreover, the American Petroleum Institute (API) … Continue reading

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