Crude Oil Movement For the 24 hours to 23:00 GMT, Crude Oil rose 1.23% against the USD and closed at USD39.57 per barrel on Friday, amid hopes that global fuel demand would rebound more quickly than estimated. Additionally, Baker Hughes … Continue reading →

Crude Oil Movement For the 24 hours to 23:00 GMT, Crude Oil rose 3.82% against the USD and closed at USD39.09 per barrel, after the Organisation of the Petroleum Exporting Countries and its allies recommended countries such as Iraq and … Continue reading →

Crude Oil Movement For the 24 hours to 23:00 GMT, Crude Oil declined 0.29% against the USD and closed at USD37.65 per barrel, after the Energy Information Administration (EIA) reported that crude oil inventories rose by 1.2 million barrels to … Continue reading →

Crude Oil Movement For the 24 hours to 23:00 GMT, Crude Oil rose 1.34% against the USD and closed at USD37.76 per barrel, after International Energy Agency forecasted global oil demand to rise next year. In the Asian session, at … Continue reading →

Crude Oil Movement For the 24 hours to 23:00 GMT, Crude Oil rose 6.43% against the USD and closed at USD37.26 per barrel, as production cuts by the major oil producers outweighed demand fears in the new wave of coronavirus … Continue reading →

Crude Oil Movement For the 24 hours to 23:00 GMT, Crude Oil rose 2.07% against the USD and closed at USD36.42 per barrel on Friday, after the Baker Hughes reported that US oil drilling rig count dropped by 7 to … Continue reading →

Crude Oil Movement For the 24 hours to 23:00 GMT, Crude Oil declined 7.78% against the USD and closed at USD35.68 per barrel, as fears of resurgence in coronavirus cases stoked worries about demand for oil. In the Asian session, … Continue reading →

Crude Oil Movement For the 24 hours to 23:00 GMT, Crude Oil rose 1.42% against the USD and closed at USD38.69 per barrel, despite rise in crude inventories. The US Energy Information Administration (EIA) reported that crude oil inventories rose … Continue reading →

Crude Oil Movement For the 24 hours to 23:00 GMT, Crude Oil declined 0.78% against the USD and closed at USD38.15 per barrel, after the American Petroleum Institute (API) reported that crude oil inventories jumped by 8.4 million barrels to … Continue reading →

Crude Oil Movement For the 24 hours to 23:00 GMT, Crude Oil declined 2.81% against the USD and closed at USD38.45 per barrel, after Saudi Arabia, the United Arab Emirates and Kuwait disagreed to include additional voluntary reductions of 1.18 … Continue reading →

Crude Oil Movement For the 24 hours to 23:00 GMT, Crude Oil rose 4.74% against the USD and closed at USD39.1 per barrel on Friday, after the Baker Hughes reported that US oil drilling rig count declined by 16 to … Continue reading →