Crude Oil Movement For the 24 hours to 23:00 GMT, Crude Oil rose 3.09% against the USD and closed at USD62.11 per barrel on Friday, after fresh figures from Baker Hughes indicated that active oil rigs in the US fell … Continue reading →

Crude Oil Movement For the 24 hours to 23:00 GMT, Crude Oil declined 1.58% against the USD and closed at USD60.33 per barrel, pressured by a stronger greenback as well as concerns over soaring US crude oil production. In the … Continue reading →

Crude Oil Movement For the 24 hours to 23:00 GMT, Crude Oil declined 1.3% against the USD and closed at USD61.30 per barrel, after the Energy Information Administration (EIA) reported that weekly US crude production surged to a record high … Continue reading →

Crude Oil Movement For the 24 hours to 23:00 GMT, Crude Oil declined 0.89% against the USD and closed at USD62.13 per barrel, after the American Petroleum Institute (API) reported that US crude oil inventories rose by 5.7 million barrels … Continue reading →

Crude Oil Movement For the 24 hours to 23:00 GMT, Crude Oil rose 1.85% against the USD and closed at USD62.62 per barrel, after the International Energy Agency (IEA) forecasted that global oil demand would grow over the next 5 … Continue reading →

Crude Oil Movement For the 24 hours to 23:00 GMT, Crude Oil rose 0.49% against the USD and closed at USD61.25 per barrel on Friday, as broad weakness in the US Dollar increased demand for the commodity. Separately, Baker Hughes … Continue reading →

Crude Oil Movement For the 24 hours to 23:00 GMT, Crude Oil declined 0.6% against the USD and closed at USD61.32 per barrel, amid concerns over rising US crude production. In the Asian session, at GMT0400, the pair is trading … Continue reading →

Crude Oil Movement For the 24 hours to 23:00 GMT, Crude Oil declined 1.6% against the USD and closed at USD61.66 per barrel, after data indicated a larger-than-expected rise in US crude oil inventories last week. The Energy Information Administration … Continue reading →

Crude Oil Movement For the 24 hours to 23:00 GMT, Crude Oil declined 1.63% against the USD and closed at USD62.84 per barrel, after the American Petroleum Institute (API) reported that US crude oil inventories rose by 933,000 barrels to … Continue reading →

Crude Oil Movement For the 24 hours to 23:00 GMT, Crude Oil rose 0.38% against the USD and closed at USD64.03 per barrel, extending its previous session gains, on the back of robust US demand and following an outage in … Continue reading →

Crude Oil Movement For the 24 hours to 23:00 GMT, Crude Oil rose 1.19% against the USD and closed at USD63.58 per barrel, following the shutdown of a key oilfield in Libya and hawkish remarks from Saudi Arabia’s Energy Minister. … Continue reading →