Crude Oil Movement For the 24 hours to 23:00 GMT, Crude Oil rose 2.67% against the USD and closed at USD62.64 per barrel, following an unexpected decline in US crude oil stockpiles. The Energy Information Administration (EIA) indicated that US … Continue reading →

Crude Oil Movement For the 24 hours to 23:00 GMT, Crude Oil declined 0.1% against the USD and closed at USD61.30 per barrel, as strength in the US Dollar continued to hurt demand for the commodity. Separately, the American Petroleum … Continue reading →

Crude Oil Movement For the 24 hours to 23:00 GMT, Crude Oil declined 0.93% against the USD and closed at USD61.58 per barrel, hurt by a stronger US Dollar and amid expectations that US oil production would rise more than … Continue reading →

Crude Oil Movement For the 24 hours to 23:00 GMT, Crude Oil rose 0.27% against the USD and closed at USD62.51 per barrel, driven by escalating geopolitical tensions in the Middle East. In the Asian session, at GMT0400, the pair … Continue reading →

Crude Oil Movement For the 24 hours to 23:00 GMT, Crude Oil declined 0.06% against the USD and closed at USD61.66 per barrel on Friday, after fresh figures from Baker Hughes showed weekly rise in the number of active US … Continue reading →

Crude Oil Movement For the 24 hours to 23:00 GMT, Crude Oil rose 0.33% against the USD and closed at USD61.43 per barrel, following comments by United Arab Emirates (UAE) Energy Minister. UAE’s Energy Minister, Suhail al-Mazroui, stated that Saudi … Continue reading →

Crude Oil Movement For the 24 hours to 23:00 GMT, Crude Oil rose 2.65% against the USD and closed at USD60.76 per barrel, buoyed by upbeat comments from the Saudi Arabia’s Energy Minister. Saudi Arabia’s Energy Minister, Khalid al-Falih, stated … Continue reading →

Crude Oil Movement For the 24 hours to 23:00 GMT, Crude Oil declined 1.34% against the USD and closed at USD58.87 per barrel, after the American Petroleum Institute (API) stated that US crude oil inventories rose by 3.9 million barrels … Continue reading →

Crude Oil Movement For the 24 hours to 23:00 GMT, Crude Oil declined 0.82% against the USD and closed at USD59.39 per barrel, after the Energy Information Administration (EIA) forecasted that shale crude-oil production from seven major US oil plays … Continue reading →

Crude Oil Movement For the 24 hours to 23:00 GMT, Crude Oil declined 2.56% against the USD and closed at USD58.93 per barrel on Friday, after fresh figures from Baker Hughes showed the biggest weekly jump in the number of … Continue reading →

Crude Oil Movement For the 24 hours to 23:00 GMT, Crude Oil declined 1.66% against the USD and closed at USD60.56 per barrel, after Iran, OPEC’s third-largest producer, announced plans to boost oil production within the next four years by … Continue reading →