Crude Oil: Oil reverses its gains, ahead of Baker Hughes weekly rig count data

Crude Oil Movement For the 24 hours to 23:00 GMT, Crude Oil rose 0.31% against the USD and closed at USD67.02 per barrel, amid persistent tensions over Syria as well as bullish monthly report from Organisation of the Petroleum Exporting … Continue reading

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Crude Oil: Oil trading higher in the morning session

Crude Oil Movement For the 24 hours to 23:00 GMT, Crude Oil rose 1.86% against the USD and closed at USD66.81 per barrel, following news that Saudi Arabia seized missiles over Riyadh. Separately, the Energy Information Administration (EIA) indicated that … Continue reading

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

Crude Oil Movement For the 24 hours to 23:00 GMT, Crude Oil rose 3.70% against the USD and closed at USD65.59 per barrel, as tensions surrounding Syria stoked concerns over disruptions to Middle East crude output. Separately, the American Petroleum … Continue reading

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Crude Oil: Oil extends its gains, ahead of API’s weekly crude oil inventories data

Crude Oil Movement For the 24 hours to 23:00 GMT, Crude Oil rose 1.69% against the USD and closed at USD63.25 per barrel, on the back of rising tensions in the Middle East. In the Asian session, at GMT0300, the … Continue reading

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Crude Oil: Oil trading on a stronger footing this morning

Crude Oil Movement For the 24 hours to 23:00 GMT, Crude Oil declined 1.63% against the USD and closed at USD61.97 per barrel on Friday, after fresh figures from Baker Hughes disclosed that the number of active oil rigs in … 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 0.99% against the USD and closed at USD63.00 per barrel, amid strength in the US Dollar. In the Asian session, at GMT0300, the pair is trading at … 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 0.08% against the USD and closed at USD63.63 per barrel, after the Energy Information Administration (EIA) report showed that US crude oil stockpiles surprisingly fell by 4.6 … Continue reading

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Crude Oil: Oil trading on a weaker footing, ahead of EIA’s weekly crude oil inventories data

Crude Oil Movement For the 24 hours to 23:00 GMT, Crude Oil rose 0.9% against the USD and closed at USD63.58 per barrel, after the American Petroleum Institute (API) reported a surprise crude draw in US crude oil inventories last … Continue reading

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Crude Oil: Oil trimmed some of its previous session losses this morning

Crude Oil Movement For the 24 hours to 23:00 GMT, Crude Oil declined 2.93% against the USD and closed at USD63.01 per barrel, pressured by a rise in Russian crude production. In the Asian session, at GMT0300, the pair is … Continue reading

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Crude Oil: Oil extends its losses, ahead of Baker Hughes weekly rig count data

Crude Oil Movement For the 24 hours to 23:00 GMT, Crude Oil declined 0.11% against the USD and closed at USD64.72 per barrel, after the Energy Information Administration (EIA) indicated that US crude oil stockpiles advanced by 1.60 million barrels … Continue reading

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Crude Oil: Oil trading on a stronger footing, ahead of EIA’s weekly crude oil stockpiles data

Crude Oil Movement For the 24 hours to 23:00 GMT, Crude Oil declined 1.29% against the USD and closed at USD64.79 per barrel, after the American Petroleum Institute (API) reported that US crude oil inventories surprisingly advanced by 5.3 million … Continue reading

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