Crude Oil Movement For the 24 hours to 23:00 GMT, Crude Oil rose 0.34% against the USD and closed at USD61.86 per barrel, as geopolitical unrest in some OPEC countries continued to boost demand for the commodity. In the Asian … Continue reading →

Crude Oil Movement For the 24 hours to 23:00 GMT, Crude Oil declined 0.66% against the USD and closed at USD61.48 per barrel on Friday. Meanwhile, Baker Hughes disclosed that active oil rigs in US fell by 5 rigs to … Continue reading →

Crude Oil Movement For the 24 hours to 23:00 GMT, Crude Oil slightly rose against the USD and closed at USD61.89 per barrel, as concerns over supply disruptions supported crude prices. Additionally, the Energy Information Administration (EIA) reported that US … Continue reading →

Crude Oil Movement For the 24 hours to 23:00 GMT, Crude Oil rose 2.43% against the USD and closed at USD61.88 per barrel, after the American Petroleum Institute (API) indicated that US crude oil inventories fell by 5.0 million barrels … Continue reading →

Crude Oil Movement For the 24 hours to 23:00 GMT, Crude Oil rose 0.27% against the USD and closed at USD60.41 per barrel, as unrest in Iran, OPEC’s third largest member, reignited concerns about disruptions to the nation’s oil production. … Continue reading →

Crude Oil Movement For the 24 hours to 23:00 GMT, Crude Oil rose 0.17% against the USD and closed at USD60.25 per barrel, amid optimism that OPEC-led efforts to restrict crude output would draw down the bloated crude market in … Continue reading →

Crude Oil Movement For the 24 hours to 23:00 GMT, Crude Oil rose 0.44% against the USD and closed at USD59.84 per barrel, after the Energy Information Administration (EIA) reported that US crude oil stockpiles fell by 4.6 million barrels … Continue reading →

Crude Oil Movement For the 24 hours to 23:00 GMT, Crude Oil declined 0.35% against the USD and closed at USD59.58 per barrel. However, losses in crude prices were limited, after the American Petroleum Institute (API) reported a draw of … Continue reading →

Crude Oil Movement For the 24 hours to 23:00 GMT, Crude Oil rose 2.21% against the USD and closed at USD59.79 per barrel, after an explosion of a Libyan crude pipeline sparked supply fears. In the Asian session, at GMT0400, … Continue reading →

Crude Oil Movement For the 24 hours to 23:00 GMT, Crude Oil rose 0.33% against the USD and closed at USD58.20 per barrel. However, gains in the crude prices were limited, after news emerged that Britain’s Forties pipeline in the … Continue reading →

Crude Oil Movement For the 24 hours to 23:00 GMT, Crude Oil rose 0.55% against the USD and closed at USD58.01 per barrel, after the Energy Information Administration (EIA) reported that US crude oil stockpiles fell more-than-anticipated by 6.5 million … Continue reading →