Crude Oil: Oil trading on a weaker footing this morning

Crude Oil Movement For the 24 hours to 23:00 GMT, Crude Oil declined 3.61% against the USD and closed at USD61.65 per barrel, after data indicated a rise in US crude oil inventories and record high domestic crude production. The … Continue reading

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Crude Oil: Oil trading flat in the Asian session, ahead of EIA’s weekly crude oil inventories data

Crude Oil Movement For the 24 hours to 23:00 GMT, Crude Oil rose 0.82% against the USD and closed at USD63.91 per barrel, after the American Petroleum Institute (API) disclosed that US crude oil inventories fell by 1.1 million barrels … Continue reading

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

Crude Oil Movement For the 24 hours to 23:00 GMT, Crude Oil declined 1.84% against the USD and closed at USD63.48 per barrel, as a broad sell-off in global financial markets dented investor sentiment. In the Asian session, at GMT0400, … 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 declined 1.07% against the USD and closed at USD65.41 per barrel on Friday, pressured by rising US crude output and a stronger greenback. On Friday, Baker Hughes reported … Continue reading

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Crude Oil: Oil trading on a stronger footing, ahead of Baker Hughes weekly rig count data

Crude Oil Movement For the 24 hours to 23:00 GMT, Crude Oil rose 1.88% against the USD and closed at USD65.99 per barrel, amid optimism over OPEC’s enduring efforts to rein-in global crude surplus. In the Asian session, at GMT0400, … Continue reading

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Crude Oil: Oil trading higher this morning

Crude Oil Movement For the 24 hours to 23:00 GMT, Crude Oil rose 1.3% against the USD and closed at USD64.75 per barrel, amid optimism that the Organisation of the Petroleum Exporting Countries and other producers continued their strong adherence … Continue reading

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

Crude Oil Movement For the 24 hours to 23:00 GMT, Crude Oil declined 2.24% against the USD and closed at USD63.75 per barrel, after the American Petroleum Institute (API) reported that US crude oil inventories rose by 3.2 million barrels … 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 declined 1.22% against the USD and closed at USD65.53 per barrel, as investors were grappled with concerns over rising US crude production and amid strength in the greenback. … 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 rose 1.36% against the USD and closed at USD66.13 per barrel on Friday, helped by strong crude demand outlook and a weaker US Dollar. Separately, Baker Hughes disclosed … 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 0.88% against the USD and closed at USD65.24 per barrel, as a rally in US Dollar dented demand for the commodity. In the Asian session, at GMT0400, … 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 surged 2.27% against the USD and closed at USD65.82 per barrel for the first time in more than three years, after data showed a tenth straight weekly drop … Continue reading

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