Crude Oil Movement For the 24 hours to 23:00 GMT, the Crude Oil rose 1.2% against the USD and closed at USD54.87 per barrel, after Saudi Arabia’s oil minister, Khalid Al-Falih, and his Iraqi counterpart, Jabbar al-Luaibi, lent support to … Continue reading →

Crude Oil Movement For the 24 hours to 23:00 GMT, the Crude Oil declined 0.62% against the USD and closed at USD54.22 per barrel, after the Energy Information Administration (EIA) report showed that US weekly crude oil exports jumped to … Continue reading →

Crude Oil Movement For the 24 hours to 23:00 GMT, the Crude Oil rose 0.89% against the USD and closed at USD54.56 per barrel, after the American Petroleum Institute reported that US crude oil stockpiles declined 5.1 million barrels to … Continue reading →

Crude Oil Movement For the 24 hours to 23:00 GMT, the Crude Oil rose 0.30% against the USD and closed at USD54.08 per barrel, amid growing optimism that the OPEC and non-OPEC members would extend their output-cut agreement beyond March … Continue reading →

Crude Oil Movement For the 24 hours to 23:00 GMT, the Crude Oil rose 2.43% against the USD and closed at USD53.95 per barrel on Friday, amid expectations that OPEC and other major oil producers would extend curbs on crude … Continue reading →

Crude Oil Movement For the 24 hours to 23:00 GMT, Crude Oil rose 0.96% against the USD and closed at USD52.67 per barrel, after Saudi Arabia’s Crown Prince, Mohammed bin Salman, supported an extension of OPEC-led production cut agreement beyond … Continue reading →

Crude Oil Movement For the 24 hours to 23:00 GMT, Crude Oil declined 0.59% against the USD and closed at USD52.17 per barrel, after the Energy Information Administration (EIA) indicated that US crude oil stockpiles surprisingly rose by 900,000 barrels … Continue reading →

Crude Oil Movement For the 24 hours to 23:00 GMT, Crude Oil rose 1.14% against the USD and closed at USD52.48 per barrel, after Saudi Arabia’s Energy Minister, Khalid al-Falih, stated that his nation remains committed to end the current … Continue reading →

Crude Oil Movement For the 24 hours to 23:00 GMT, Crude Oil declined 0.33% against the USD and closed at USD51.89 per ounce, after oscillating between gains and losses. Meanwhile, the Organisation of the Petroleum Exporting Countries (OPEC) stated that … Continue reading →

Crude Oil Movement For the 24 hours to 23:00 GMT, Crude Oil rose 1.07% against the USD and closed at USD51.97 per barrel on Friday, buoyed by a sharp decline in Iraqi crude exports amid ongoing tensions in the Kurdistan … Continue reading →

Crude Oil Movement For the 24 hours to 23:00 GMT, Crude Oil declined 1.29% against the USD and closed at USD51.42 per barrel, surrendering its previous session gains. Yesterday, the OPEC Secretary-General, Mohammad Barkindo, stated that the oil market is … Continue reading →