Crude Oil: Oil extends its gains in the morning session

Crude Oil Movement For the 24 hours to 23:00 GMT, Crude Oil rose 0.74% against the USD and closed at USD73.98 per barrel. In the Asian session, at GMT0300, the pair is trading at 74.56, with oil trading 0.78% higher … Continue reading

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Crude Oil: Oil trading lower in the Asian session, amid rising Saudi output

Crude Oil Movement For the 24 hours to 23:00 GMT, Crude Oil rose 1.35% against the USD and closed at USD74.29 per barrel on Friday, amid concerns that US sanctions against Iran would reduce a substantial volume of crude oil … Continue reading

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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 rose 1.34% against the USD and closed at USD73.30 per barrel, amid worries over Iran sanctions. In the Asian session, at GMT0300, the pair is trading at 73.25, … Continue reading

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Crude Oil: Oil extends its gains in the Asian session

Crude Oil Movement For the 24 hours to 23:00 GMT, Crude Oil rose 2.42% against the USD and closed at USD72.33 per barrel, after the Energy Information Administration (EIA) report indicated a massive drop in US crude oil stockpiles. The … Continue reading

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

Crude Oil Movement For the 24 hours to 23:00 GMT, Crude Oil rose 3.55% against the USD and closed at USD70.62 per barrel, amid news that the US demanded all countries cut imports of Iranian oil to zero by November. … Continue reading

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Crude Oil: Oil trading lower, ahead of API weekly crude oil inventories data

Crude Oil Movement For the 24 hours to 23:00 GMT, Crude Oil declined 0.18% against the USD and closed at USD68.20 per barrel, amid uncertainty over an agreement by the Organization of the Petroleum Exporting Countries (OPEC) to raise crude … 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 climbed 5.28% against the USD and closed at USD69.25 per barrel on Friday, after oil producers agreed to a modest rise in crude output. Additionally, Baker Hughes disclosed … Continue reading

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Crude Oil: Oil extends its gains in the Asian session

Crude Oil Movement For the 24 hours to 23:00 GMT, Crude Oil rose 0.47% against the USD and closed at USD65.78 per barrel. In the Asian session, at GMT0300, the pair is trading at 66.41, with oil trading 0.96% higher … Continue reading

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Crude Oil: Oil extends its gains in the Asian session

Crude Oil Movement For the 24 hours to 23:00 GMT, Crude Oil rose 0.55% against the USD and closed at USD65.47 per barrel, after the Energy Information Administration (EIA) indicated that US crude oil stockpiles dropped by 5.9 million barrels … Continue reading

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

Crude Oil Movement For the 24 hours to 23:00 GMT, Crude Oil declined 0.97% against the USD and closed at USD65.11 per barrel. The American Petroleum Institute (API) reported that US crude oil stockpiles fell by 3 million 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 3.36% against the USD and closed at USD65.75 per barrel, amid ongoing trade war fears. Meanwhile, the Energy Information Administration reported that crude-oil production from seven major … Continue reading

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