Crude Oil Movement For the 24 hours to 23:00 GMT, Crude Oil declined 1.74% against the USD and closed at USD48.70 per barrel, on news that Libya had boosted its production to a three-year high of 827,000 barrels a day, … Continue reading →

Crude Oil Movement For the 24 hours to 23:00 GMT, Crude Oil declined 0.62% against the USD and closed at USD49.56 per barrel, on signs of rising oil output in Libya and concerns whether OPEC’s agreement to extend production cuts … Continue reading →

Crude Oil Movement For the 24 hours to 23:00 GMT, Crude Oil rose 0.28% against the USD and closed at USD49.87 per barrel, amid hopes that a deal between OPEC and other big oil exporters to extend production cuts until … Continue reading →

Crude Oil Movement For the 24 hours to 23:00 GMT, the Crude Oil plunged 5.30% against the USD and closed at USD48.82, as the OPEC and other oil producing nations’ decision to extend output cuts for another nine more months … Continue reading →

Crude Oil Movement For the 24 hours to 23:00 GMT, the Crude Oil rose 0.21% against the USD and closed at USD51.55. Meanwhile, the Energy Information Administration (EIA) announced that US crude oil inventories declined by 4.43 million barrels in … Continue reading →

Crude Oil Movement For the 24 hours to 23:00 GMT, the Crude Oil rose 0.61% against the USD and closed at USD51.44, as expectations of an extension to production cuts by major producers overshadowed a White House proposal to sell … 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 USD51.13, boosted by growing expectations that major oil exporters would agree to extend supply cuts this week and on … Continue reading →

Crude Oil Movement For the 24 hours to 23:00 GMT, the Crude Oil rose 2.03% against the USD and closed at USD50.37 on Friday, on rising hopes that OPEC and other oil producing nations would agree to extend output cuts … Continue reading →

Crude Oil Movement For the 24 hours to 23:00 GMT, Crude Oil rose 0.59% against the USD and closed at USD49.37 per barrel, on mounting optimism that the Organisation of the Petroleum Exporting Countries (OPEC) is leaning towards extending deal … Continue reading →

Crude Oil Movement For the 24 hours to 23:00 GMT, Crude Oil rose 1.66% against the USD and closed at USD49.08 per barrel, after the Energy Information Administration (EIA) reported a drop in US crude oil inventories for sixth straight … Continue reading →

Crude Oil Movement For the 24 hours to 23:00 GMT, Crude Oil declined 1.29% against the USD and closed at USD48.28 per barrel, after the International Energy Agency (IEA) warned that an extension to the OPEC-led production cut agreement would … Continue reading →