Crude Oil Movement For the 24 hours to 23:00 GMT, Crude Oil rose 0.15% against the USD and closed at USD52.96 per barrel, reversing its previous session losses. Separately, the American Petroleum Institute (API) reported that US crude stockpiles rose … Continue reading →

Crude Oil Movement For the 24 hours to 23:00 GMT, Crude Oil declined 0.79% against the USD and closed at USD52.88 per barrel, as signs of a strong recovery in US drilling largely outweighed news that OPEC and non-OPEC producers … Continue reading →

Crude Oil Movement For the 24 hours to 23:00 GMT, Crude Oil climbed 3.42% against the USD and closed at USD53.23 per barrel on Friday, on hopes that a weekend meeting of top oil producers would demonstrate compliance to a … Continue reading →

Crude Oil Movement For the 24 hours to 23:00 GMT, Crude Oil rose 0.18% against the USD and closed at USD51.47 per barrel, after the International Energy Agency (IEA) disclosed that global oil markets were tightening even before cuts promised … Continue reading →

Crude Oil Movement For the 24 hours to 23:00 GMT, Crude Oil declined 2.13% against the USD and closed at USD51.38 per barrel, on expectations that US producers would boost crude output. However, crude prices paired losses after OPEC, in … Continue reading →

Crude Oil Movement For the 24 hours to 23:00 GMT, Crude Oil traded flat against the USD and closed at USD52.50 per barrel. In the Asian session, at GMT0400, the pair is trading at 52.66, with the oil trading 0.3% … Continue reading →

Crude Oil Movement For the 24 hours to 23:00 GMT, Crude Oil declined 0.15% against the USD and closed at USD52.50 per barrel, extending its previous session losses. Meanwhile, Saudi Energy Minister, Khalid al-Falih, stated that the country will adhere … Continue reading →

Crude Oil Movement For the 24 hours to 23:00 GMT, Crude Oil declined 1.09% against the USD and closed at USD52.44 per barrel on Friday, pressured by concerns over the health of the world’s second-largest oil consumer, China, after it … Continue reading →

Crude Oil Movement For the 24 hours to 23:00 GMT, Crude Oil rose 1.42% against the USD and closed at USD53.02 per barrel, after Saudi’s Energy Minister, Khalid Al‐Falih stated that Saudi Arabia has reduced its oil production to less … Continue reading →

Crude Oil Movement For the 24 hours to 23:00 GMT, Crude Oil rose 2.71% against the USD and closed at USD52.28 per barrel, after news emerged that Saudi Arabia, the world’s top oil exporter, has trimmed crude oil exports to … Continue reading →

Crude Oil Movement For the 24 hours to 23:00 GMT, Crude Oil declined 1.91% against the USD and closed at USD50.90 per barrel, after the American Petroleum Institute (API) reported that US crude oil inventories rose by 1.5 million barrels … Continue reading →