Crude Oil Movement For the 24 hours to 23:00 GMT, Crude Oil rose 0.77% against the USD and closed at USD57.69 per barrel, after the American Petroleum Institute (API) reported a larger-than-expected draw in US crude oil inventories. The API … Continue reading →

Crude Oil Movement For the 24 hours to 23:00 GMT, the Crude Oil declined 0.35% against the USD and closed at USD57.16 per barrel, as concerns about rising US crude production offset support from the Forties pipeline shutdown in the … Continue reading →

Crude Oil Movement For the 24 hours to 23:00 GMT, Crude Oil rose 0.35% against the USD and closed at USD57.29 per barrel on Friday, after Baker Hughes disclosed that the number of active oil rigs in US fell by … Continue reading →

Crude Oil Movement For the 24 hours to 23:00 GMT, Crude Oil rose 0.58% against the USD and closed at USD57.09 per barrel, lifted by ongoing supply concerns following the shutdown of the Forties Pipeline system in the North Sea. … Continue reading →

Crude Oil Movement For the 24 hours to 23:00 GMT, Crude Oil declined 1.17% against the USD and closed at USD56.76 per barrel, after OPEC, in its monthly report, stated that US crude production would surge faster-than-expected in 2018. The … Continue reading →

Crude Oil Movement For the 24 hours to 23:00 GMT, Crude Oil declined 1.02% against the USD and closed at USD57.43 per barrel, after the Energy Information Administration (EIA), in its monthly report, lowered its global crude demand projection and … Continue reading →

Crude Oil Movement For the 24 hours to 23:00 GMT, Crude Oil rose 1.66% against the USD and closed at USD58.02 per barrel, as an outage of a key North Sea pipeline sparked fresh supply concerns. In the Asian session, … Continue reading →

Crude Oil Movement For the 24 hours to 23:00 GMT, Crude Oil rose 1.29% against the USD and closed at USD57.34 per barrel on Friday, aided by surging Chinese crude demand and fears of a strike in Africa’s largest oil … Continue reading →

Crude Oil Movement For the 24 hours to 23:00 GMT, Crude Oil rose 0.96% against the USD and closed at USD56.61 per barrel, amid renewed supply concerns after a major Nigerian oil union threatened to launch a nationwide strike. In … Continue reading →

Crude Oil Movement For the 24 hours to 23:00 GMT, Crude Oil declined 2.25% against the USD and closed at USD56.07 per barrel, after the Energy Information Administration (EIA) report showed a decrease in US crude oil stockpiles, but an … Continue reading →

Crude Oil Movement For the 24 hours to 23:00 GMT, Crude Oil declined 0.09% against the USD and closed at USD57.36 per barrel. Meanwhile, the American Petroleum Institute (API) indicated that US crude oil stockpiles fell by 5.5 million barrels … Continue reading →