Crude Oil Movement For the 24 hours to 23:00 GMT, Crude Oil rose 2.46% against the USD and closed at USD56.59 per barrel on Friday, as a major US crude pipeline was shut after it leaked oil onto agricultural land. … Continue reading →

Crude Oil Movement For the 24 hours to 23:00 GMT, Crude Oil declined 0.13% against the USD and closed at USD55.23 per barrel, amid mounting concerns over surging US crude supplies and gloomier outlook for global oil demand. In the … Continue reading →

Crude Oil Movement For the 24 hours to 23:00 GMT, Crude Oil rose 0.44% against the USD and closed at USD55.30 per barrel, amid expectations that OPEC would extend its crude production cut in a meeting at the end of … Continue reading →

Crude Oil Movement For the 24 hours to 23:00 GMT, Crude Oil declined 3.0% against the USD and closed at USD55.06 per barrel, after the International Energy Agency (IEA) lowered its global oil demand forecasts for this year and next. … Continue reading →

Crude Oil Movement For the 24 hours to 23:00 GMT, Crude Oil declined 0.11% against the USD and closed at USD56.76 per barrel, after the Energy Information Administration (EIA) forecasted that US shale oil production would rise by 80,000 barrels … Continue reading →

Crude Oil Movement For the 24 hours to 23:00 GMT, Crude Oil declined 0.28% against the USD and closed at USD56.86 per barrel on Friday, after fresh figures from Baker Hughes indicated that the number of active US oil rigs … Continue reading →

Crude Oil Movement For the 24 hours to 23:00 GMT, Crude Oil rose 0.25% against the USD and closed at USD57.02 per barrel, amid concerns over recent political developments in Saudi Arabia. In the Asian session, at GMT0400, the pair … Continue reading →

Crude Oil Movement For the 24 hours to 23:00 GMT, Crude Oil declined 0.21% against the USD and closed at USD56.88 per barrel, on the back of a surprise build in US crude oil inventories. The Energy Information Administration (EIA) … Continue reading →

Crude Oil Movement For the 24 hours to 23:00 GMT, Crude Oil declined 0.44% against the USD and closed at USD57.00 per barrel, after the OPEC, in its 2017 World Oil Outlook, raised its projection for US shale oil production … Continue reading →

Crude Oil Movement For the 24 hours to 23:00 GMT, Crude Oil rose 2.69% against the USD and closed at USD57.25 per barrel, boosted by a move by Saudi Arabia’s Crown Prince, Mohammad bin Salman, to consolidate his power over … Continue reading →

Crude Oil Movement For the 24 hours to 23:00 GMT, Crude Oil rose 1.44% against the USD and closed at USD55.66 per barrel on Friday, after Baker Hughes reported that US crude oil rigs fell by 8 to 729 in … Continue reading →