Crude Oil Movement For the 24 hours to 23:00 GMT, Crude Oil rose 0.53% against the USD and closed at USD47.32 per barrel on Friday. Meanwhile, Baker Hughes disclosed that active oil rigs in US remained unchanged at 759 in … Continue reading →

Crude Oil Movement For the 24 hours to 23:00 GMT, Crude Oil rose 2.89% against the USD and closed at USD47.07 per barrel, reversing its four-session losing streak. In the Asian session, at GMT0300, the pair is trading at 46.99, … Continue reading →

Crude Oil Movement For the 24 hours to 23:00 GMT, Crude Oil declined 1.15% against the USD and closed at USD45.75 per barrel, amid persistent concerns over bloating US crude inventories and reducing oil demand. Separately, the Energy Information Administration … Continue reading →

Crude Oil Movement For the 24 hours to 23:00 GMT, Crude Oil declined 0.94% against the USD and closed at USD46.28 per barrel, as investors were still swooning from fears of destruction caused by the hurricane Harvey as nearly one-fifth … Continue reading →

Crude Oil Movement For the 24 hours to 23:00 GMT, Crude Oil declined 2.03% against the USD and closed at USD46.72 per barrel, amid concerns that refinery shutdowns due to the wreaked havoc by the tropical storm Harvey could boost … Continue reading →

Crude Oil Movement For the 24 hours to 23:00 GMT, Crude Oil declined 1.28% against the USD and closed at USD47.73 per barrel. However, losses in crude prices were limited, following hopes of potential crude output disruptions in US after … Continue reading →

Crude Oil Movement For the 24 hours to 23:00 GMT, Crude Oil rose 1.34% against the USD and closed at USD48.35 per barrel, after the Energy Information Administration (EIA) report indicated that US crude oil stockpiles declined by 3.3 million … Continue reading →

Crude Oil Movement For the 24 hours to 23:00 GMT, Crude Oil rose 0.61% against the USD and closed at USD47.71 per barrel, after the American Petroleum Institute (API) reported that US crude oil inventories declined by 3.6 million barrels … Continue reading →

Crude Oil Movement For the 24 hours to 23:00 GMT, Crude Oil declined 2.31% against the USD and closed at USD47.42 per barrel, erasing its previous session gains. In the Asian session, at GMT0300, the pair is trading at 47.55, … Continue reading →

Crude Oil Movement For the 24 hours to 23:00 GMT, Crude Oil rose 3.58% against the USD and closed at USD48.64 per barrel on Friday, following reports of a unit shutdown at one of the largest oil refineries in the … Continue reading →

Crude Oil Movement For the 24 hours to 23:00 GMT, Crude Oil rose 0.34% against the USD and closed at USD46.96 per barrel, reversing its previous session losses, after a report showed that oil inventories at the Cushing, Oklahoma hub … Continue reading →