Crude Oil Movement For the 24 hours to 23:00 GMT, Crude Oil declined 3.53% against the USD and closed at USD51.89 per barrel, amid fears that growing US crude production and record Iraqi crude exports would weigh on the oil … Continue reading →

Crude Oil Movement For the 24 hours to 23:00 GMT, Crude Oil marginally rose against the USD and closed at USD53.75 per barrel on Friday. Meanwhile, Baker Hughes disclosed that US oil rigs increased by 4 to 529 last week. … Continue reading →

Crude Oil Movement For the 24 hours to 23:00 GMT, Crude Oil rose 0.71% against the USD and closed at USD53.73 per barrel, after the Energy Information Administration (EIA) disclosed that US crude stockpiles declined 7.1 million barrels to 479.0 … Continue reading →

Crude Oil Movement For the 24 hours to 23:00 GMT, Crude Oil rose 1.58% against the USD and closed at USD53.35 per barrel, after the American Petroleum Institute (API) reported a more-than-expected draw of 7.4 million barrels in US crude … Continue reading →

Crude Oil Movement For the 24 hours to 23:00 GMT, Crude Oil declined 2.85% against the USD and closed at USD52.52 per barrel, pressured by strength in the US dollar. In the Asian session, at GMT0400, the pair is trading … Continue reading →

Crude Oil Movement For the 24 hours to 23:00 GMT, Crude Oil rose 0.32% against the USD and closed at USD54.06 per barrel, reflecting investors’ optimism over planned production cuts from the Organization of the Petroleum Exporting Countries (OPEC) to … Continue reading →

Crude Oil Movement For the 24 hours to 23:00 GMT, Crude Oil rose 0.47% against the USD and closed at USD53.81 per barrel, propelled by investors’ optimism about the Organization of the Petroleum Exporting Countries (OPEC) planned production cuts starting … Continue reading →

Crude Oil Movement For the 24 hours to 23:00 GMT, Crude Oil declined 0.52% against the USD and closed at USD53.56 per barrel, after the American Petroleum Institute (API) reported that US crude oil inventories surprisingly advanced 4.2 million barrels … Continue reading →

Crude Oil Movement For the 24 hours to 23:00 GMT, Crude Oil rose 1.13% against the USD and closed at USD53.84 per barrel, amid positive sentiment among investors as OPEC’s production cut deal is set to kick start from 01 … Continue reading →

Crude Oil Movement For the 24 hours to 23:00 GMT, Crude Oil rose 0.3% against the USD and closed at USD52.71 per barrel, reversing its previous session losses, supported by strong US GDP growth data for the third quarter. In … Continue reading →

Crude Oil Movement For the 24 hours to 23:00 GMT, Crude Oil fell 1.72% against the USD and closed at USD52.55 per barrel, after the US Energy Information Administration (EIA) reported an unexpected rise in crude stockpiles. The EIA disclosed … Continue reading →