Crude Oil Movement For the 24 hours to 23:00 GMT, Crude Oil declined 0.43% against the USD and closed at USD44.33 per barrel, amid persistent concerns over global supply glut. In the Asian session, at GMT0300, the pair is trading … Continue reading →

Crude Oil Movement For the 24 hours to 23:00 GMT, Crude Oil declined 3.24% against the USD and closed at USD44.52 per barrel, after the International Energy Agency (IEA) report projected a big increase in non-OPEC crude output in 2018. … Continue reading →

Crude Oil Movement For the 24 hours to 23:00 GMT, Crude Oil declined 0.2% against the USD and closed at USD46.01 per barrel, after the American Petroleum Institute (API) reported that US crude oil stockpiles surprisingly rose by 2.8 million … Continue reading →

Crude Oil Movement For the 24 hours to 23:00 GMT, Crude Oil rose 0.09% against the USD and closed at USD46.10 per barrel, on reports that Saudi Arabia will curb crude output to some Asian buyers in July and deepen … Continue reading →

Crude Oil Movement For the 24 hours to 23:00 GMT, Crude Oil rose 0.33% against the USD and closed at USD45.85 per barrel on Friday, on reports of a pipeline stoppage in Nigeria that eased some fears of a global … Continue reading →

Crude Oil Movement For the 24 hours to 23:00 GMT, Crude Oil declined 0.39% against the USD and closed at USD45.70 per barrel, on signs that the market remains bloated with oil oversupply despite an ongoing effort led by OPEC … Continue reading →

Crude Oil Movement For the 24 hours to 23:00 GMT, the Crude Oil declined 4.42% against the USD and closed at USD45.88 per barrel, following an unexpected rise in US crude oil stockpiles. The Energy Information Administration (EIA) reported that … Continue reading →

Crude Oil Movement For the 24 hours to 23:00 GMT, Crude Oil rose 1.16% against the USD and closed at USD48.00 per barrel, after fresh figures form the American Petroleum Institute (API) indicated that US crude oil inventories dropped by … Continue reading →

Crude Oil Movement For the 24 hours to 23:00 GMT, the Crude Oil declined 0.65% against the USD and closed at USD47.45 per barrel, amid concerns that a political rift between Qatar and several Arab states would undermine an OPEC-led … Continue reading →

Crude Oil Movement For the 24 hours to 23:00 GMT, the Crude Oil declined 0.71% against the USD and closed at USD47.76 on Friday, amid fears that Donald Trump’s decision to withdraw from Paris climate pact would increase US oil … Continue reading →

Crude Oil Movement For the 24 hours to 23:00 GMT, Crude Oil declined 1.23% against the USD and closed at USD48.10 per barrel, as investors grew sceptic that OPEC-led cuts will prove sufficient to rebalance an oversupplied market. However, losses … Continue reading →