Crude Oil Movement For the 24 hours to 23:00 GMT, Crude Oil rose 0.78% against the USD and closed at USD64.36 per barrel. However, gains in crude prices were limited, after the American Petroleum Institute (API) reported that US crude … Continue reading →

Crude Oil Movement For the 24 hours to 23:00 GMT, Crude Oil rose 0.39% against the USD and closed at USD63.86 per barrel, amid optimism that OPEC could extend its production cut agreement beyond 2018. In the Asian session, at … Continue reading →

Crude Oil Movement For the 24 hours to 23:00 GMT, Crude Oil declined 0.47% against the USD and closed at USD63.45 per ounce on Friday, after the International Energy Agency (IEA), in its monthly report, warned that US oil output … Continue reading →

Crude Oil Movement For the 24 hours to 23:00 GMT, Crude Oil declined 0.47% against the USD and closed at USD63.75 per barrel, following a bearish report from the Energy Information Administration (EIA) and the Organisation of Petroleum Exporting Countries … Continue reading →

Crude Oil Movement For the 24 hours to 23:00 GMT, Crude Oil rose 0.23% against the USD and closed at USD64.05 per barrel, after an announcement by the Niger Delta Avengers to attack Nigeria’s oil industry sparked a fresh wave … Continue reading →

Crude Oil Movement For the 24 hours to 23:00 GMT, Crude Oil declined 1.19% against the USD and closed at USD63.90 per barrel, after the Energy Information Administration (EIA) forecasted that US shale production is expected to rise by 111,000 … Continue reading →

Crude Oil Movement For the 24 hours to 23:00 GMT, Crude Oil rose 0.37% against the USD and closed at USD64.67 per barrel, aided by a decline in the US Dollar and optimism that production curbs by major oil producers … Continue reading →

Crude Oil Movement For the 24 hours to 23:00 GMT, Crude Oil rose 1.16% against the USD and closed at USD64.32 per barrel on Friday. However, gains in crude prices were kept in check, after Baker Hughes showed that US … Continue reading →

Crude Oil Movement For the 24 hours to 23:00 GMT, Crude Oil rose 0.16% against the USD and closed at USD63.58 per barrel, amid improved outlook, as production cuts by OPEC and rising global demand continue to whittle away a … Continue reading →

Crude Oil Movement For the 24 hours to 23:00 GMT, Crude Oil slightly declined against the USD and closed at USD63.48 per barrel, amid concerns that the oil market may be overheated. Meanwhile, the Energy Information Administration (EIA) indicated that … Continue reading →

Crude Oil Movement For the 24 hours to 23:00 GMT, Crude Oil surged 2.65% against the USD and closed at USD63.50 per barrel, following a bigger-than-expected fall in the US crude oil inventories. The American Petroleum Institute (API) reported that … Continue reading →