Crude Oil Movement For the 24 hours to 23:00 GMT, Crude Oil rose 2.02% against the USD and closed at USD19.74 per barrel on Friday, after the Organisation of the Petroleum Exporting Countries (OPEC) and its allies embarked on record … Continue reading →

Crude Oil Movement For the 24 hours to 23:00 GMT, Crude Oil rose 20.94% against the USD and closed at USD19.35 per barrel, amid reports that major oil companies have announced voluntary crude production cuts in an attempt to curb … Continue reading →

Crude Oil Movement For the 24 hours to 23:00 GMT, Crude Oil surged 20.94% against the USD and closed at USD16.00 per barrel, after data showed that the US inventories climbed less-than-expected and amid optimism that demand for oil would … Continue reading →

Crude Oil Movement For the 24 hours to 23:00 GMT, Crude Oil rose 3.12% against the USD and closed at USD13.23 per barrel. In the Asian session, at GMT0300, the pair is trading at 13.86, with oil trading 4.76% higher … Continue reading →

Crude Oil Movement For the 24 hours to 23:00 GMT, Crude Oil declined 18.33% against the USD and closed at USD12.83 per barrel, amid rising concerns about limited storage capacity for crude worldwide. In the Asian session, at GMT0300, the … Continue reading →

Crude Oil Movement For the 24 hours to 23:00 GMT, Crude Oil declined 0.58% against the USD and closed at USD17.11 per barrel on Friday. Separately, Baker Hughes reported that the number of active US rigs drilling for oil dropped … Continue reading →

Crude Oil Movement For the 24 hours to 23:00 GMT, Crude Oil rose 20.35% against the USD and closed at USD17.21 per barrel, amid rising conflict between the US and Iran and after major oil-producing nations announced plans to accelerate … Continue reading →

Crude Oil Movement For the 24 hours to 23:00 GMT, Crude Oil rose 6.08% against the USD and closed at USD14.30 per barrel, amid rising geopolitical tensions between the US and Iran. Additionally, the Energy Information Administration (EIA) reported that … Continue reading →

Crude Oil Movement For the 24 hours to 23:00 GMT, Crude Oil declined 268.50% against the USD and closed at USD13.48 per barrel, after the American Petroleum Institute (API) reported that crude oil inventories rose by 13.2 million barrels in … Continue reading →

Crude Oil Movement For the 24 hours to 23:00 GMT, Crude Oil plunged 151.45% against the USD and closed at -USD8.00 per barrel, amid deepening concerns over falling demand for oil. In the Asian session, at GMT0300, the pair is … Continue reading →

Crude Oil Movement For the 24 hours to 23:00 GMT, Crude Oil declined 8.89% against the USD and closed at USD18.15 per barrel on Friday, on demand concerns. Separately, Baker Hughes reported that US oil drilling rig count fell by … Continue reading →