Crude Oil Movement For the 24 hours to 23:00 GMT, Crude Oil rose 0.83% against the USD and closed at USD54.37 per barrel. However, gains in crude prices were trimmed, after the Energy Information Administration (EIA) disclosed that US crude … Continue reading →

Crude Oil Movement For the 24 hours to 23:00 GMT, Crude Oil declined 0.75% against the USD and closed at USD53.92 per barrel. However, oil prices pared losses later in the session after the American Petroleum Institute (API) report showed … Continue reading →

Crude Oil Movement For the 24 hours to 23:00 GMT, Crude Oil rose 1.27% against the USD and closed at USD54.33 per barrel, after the Organization of Petroleum Exporting Countries (OPEC) Secretary-General, Mohammad Barkindo, stated that the group intends to … Continue reading →

Crude Oil Movement For the 24 hours to 23:00 GMT, Crude Oil rose 0.41% against the USD and closed at USD53.65 per barrel, propelled by fresh data showing a decline in Saudi Arabian oil exports in December. Saudi Arabia’s crude … Continue reading →

Crude Oil Movement For the 24 hours to 23:00 GMT, Crude Oil declined 0.13% against the USD and closed at USD53.36 per barrel on Friday, after Baker Hughes disclosed that active oil rigs in the US rose by 6 to … Continue reading →

Crude Oil Movement For the 24 hours to 23:00 GMT, Crude Oil rose 0.79% against the USD and closed at USD53.43 per barrel, on news that OPEC members could extend its plan to cut crude output in order to rein-in … Continue reading →

Crude Oil Movement For the 24 hours to 23:00 GMT, Crude Oil rose 0.06% against the USD and closed at USD53.01 per barrel. However, gains in crude prices were kept in check as the Energy Information Administration (EIA) reported that … Continue reading →

Crude Oil Movement For the 24 hours to 23:00 GMT, Crude Oil declined 0.08% against the USD and closed at USD52.98 per barrel, after the American Petroleum Institute (API) disclosed that US crude oil inventories jumped 9.94 million barrels to … Continue reading →

Crude Oil Movement For the 24 hours to 23:00 GMT, Crude Oil declined 1.54% against the USD and closed at USD53.02 per barrel, after the Energy Information Administration (EIA), in its monthly report, forecasted that US shale oil production from … Continue reading →

Crude Oil Movement For the 24 hours to 23:00 GMT, Crude Oil rose 1.28% against the USD and closed at USD53.77 per barrel on Friday, after the International Energy Agency (IEA) reported that production from the Organization of Petroleum Exporting … Continue reading →

Crude Oil Movement For the 24 hours to 23:00 GMT, Crude Oil rose 1.18% against the USD and closed at USD53.09 per barrel, extending its previous session gains. In the Asian session, at GMT0400, the pair is trading at 53.08, … Continue reading →