Crude Oil Movement For the 24 hours to 23:00 GMT, Crude Oil declined 4.68% against the USD and closed at USD31.74 per barrel. In the Asian session, at GMT0300, the pair is trading at 31.92, with oil trading 0.57% higher … Continue reading →

Crude Oil Movement For the 24 hours to 23:00 GMT, Crude Oil rose 8.50 % against the USD and closed at USD33.3 per barrel, amid encouraging results from an experimental COVID-19 vaccine and optimism that resumption in economic activity would … Continue reading →

Crude Oil Movement For the 24 hours to 23:00 GMT, Crude Oil rose 7.20% against the USD and closed at USD29.63 per barrel on Friday, amid signs of recovery in oil demand. Additionally, Baker Hughes reported that US oil drilling … Continue reading →

Crude Oil Movement For the 24 hours to 23:00 GMT, Crude Oil rose 7.59% against the USD and closed at USD27.64 per barrel, after the International Energy Agency predicted that crude inventories will shrink by about 5.5 million barrels per … Continue reading →

Crude Oil Movement For the 24 hours to 23:00 GMT, Crude Oil rose 1.38% against the USD and closed at USD25.69 per barrel, after the Energy Information Administration (EIA) reported that crude oil inventories decreased by 0.7 million barrels to … Continue reading →

Crude Oil Movement For the 24 hours to 23:00 GMT, Crude Oil rose 2.88% against the USD and closed at USD25.34 per barrel, amid optimism over production cuts and hopes that gradual easing of coronavirus-induced lockdown would revive demand for … Continue reading →

Crude Oil Movement For the 24 hours to 23:00 GMT, Crude Oil rose 1.61% against the USD and closed at USD24.63 per barrel, after Saudi Arabia pledged to deepen production cuts in June. In the Asian session, at GMT0300, the … Continue reading →

Crude Oil Movement For the 24 hours to 23:00 GMT, Crude Oil rose 3.58% against the USD and closed at USD24.60 per barrel on Friday, amid optimism surrounding production cuts by US oil producers as well as the Organisation of … Continue reading →

Crude Oil Movement For the 24 hours to 23:00 GMT, Crude Oil declined 6.05% against the USD and closed at USD23.77 per barrel, amid concerns over crude oil supply glut and following a rise in US inventories. The Energy Information … Continue reading →

Crude Oil Movement For the 24 hours to 23:00 GMT, Crude Oil rose 18.61% against the USD and closed at USD25.30 per barrel, on expectations that demand for oil would pick up, as some European and Asian countries as well … Continue reading →

Crude Oil Movement For the 24 hours to 23:00 GMT, Crude Oil rose 16.11% against the USD and closed at USD21.33 per barrel, following voluntary production cuts by major oil producers and amid ease in coronavirus lockdowns across some countries. … Continue reading →