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- Crude Oil: Oil trading higher ahead of Baker Hughes weekly rig count data
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Crude Oil: Oil trading on a stronger footing, ahead of API’s weekly crude inventories data
Crude Oil Movement For the 24 hours to 23:00 GMT, Crude Oil declined 0.97% against the USD and closed at USD57.41 per barrel, amid concerns over rising US crude production, after the US drillers added more oil rigs last week. … 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 rose 1.6% against the USD and closed at USD58.26 per barrel on Friday, amid optimism that the extension of production cut deal by the OPEC and non-OPEC members … Continue reading
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Crude Oil: OPEC and allies extend oil production cuts by 9 months
Crude Oil Movement For the 24 hours to 23:00 GMT, Crude Oil declined 0.07% against the USD and closed at USD57.34 per barrel. However, losses in crude prices were limited, after the Organisation of the Petroleum Exporting Countries (OPEC) and … Continue reading
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Crude Oil: Oil reverses its losses in the morning session
Crude Oil Movement For the 24 hours to 23:00 GMT, Crude Oil declined 0.49% against the USD and closed at USD57.38 per barrel, as investors grew pessimistic that major oil producing countries would strike a deal to extend OPEC’s output … Continue reading
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Crude Oil: Oil trading a tad higher, ahead of EIA’s weekly crude oil inventories data
Crude Oil Movement For the 24 hours to 23:00 GMT, Crude Oil declined 0.35% against the USD and closed at USD57.66 per barrel, amid anxiety ahead of an OPEC meeting to discuss output cuts. Additionally, the American Petroleum Institute (API) … Continue reading
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Crude Oil: Oil extends its losses in the morning session
Crude Oil Movement For the 24 hours to 23:00 GMT, Crude Oil declined 1.33% against the USD and closed at USD57.86 per barrel, as news of restart of the Keystone crude pipeline raised prospects of higher supply. Additionally, growing uncertainty … 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 rose 0.92% against the USD and closed at USD58.97 per barrel on Friday, as continued shutdown of the Keystone pipeline disrupted deliveries to storage facilities and amid growing … Continue reading
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Crude Oil: Oil extends its gains in the Asian session
Crude Oil Movement For the 24 hours to 23:00 GMT, Crude Oil rose 0.69% against the USD and closed at USD58.43 per barrel, amid ongoing worries over the shutdown of a major US pipeline and lower fuel inventories. In the … 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 rose 1.59% against the USD and closed at USD58.03 per barrel, as investors were grappled with concerns that supply to the US will remain disrupted as the restart … Continue reading
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Crude Oil: Oil extends its gains 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 1.37% against the USD and closed at USD57.12 per barrel, after the American Petroleum Institute (API) reported that US crude oil stockpiles fell more-than-anticipated by 6.4 million … Continue reading
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Crude Oil: Oil trading on a stronger footing, ahead of API’s weekly rig count data
Crude Oil Movement For the 24 hours to 23:00 GMT, Crude Oil declined 0.49% against the USD and closed at USD56.35 per barrel, amid fresh doubts whether the OPEC’s next week meeting would result in an extension of output cuts. … Continue reading
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