Crude Oil Movement For the 24 hours to 23:00 GMT, Crude Oil climbed 2.57% against the USD and closed at USD53.47 per barrel, after the American Petroleum Institute (API) reported a larger than expected draw of 4.2 million barrels in … Continue reading →

Crude Oil Movement For the 24 hours to 23:00 GMT, Crude Oil rose 0.19% against the USD and closed at USD52.13 per barrel, extending its previous session gains. In the Asian session, at GMT0400, the pair is trading at 51.91, … Continue reading →

Crude Oil Movement For the 24 hours to 23:00 GMT, Crude Oil rose 1.72% against the USD and closed at USD52.03 per barrel on Friday, extending its previous session gains. Separately, Baker Hughes disclosed that US oil rig count jumped … Continue reading →

Crude Oil Movement For the 24 hours to 23:00 GMT, Crude Oil rose 0.49% against the USD and closed at USD51.14 per barrel, after the Organization of the Petroleum Exporting Countries (OPEC) and other producers promised to cut production by … Continue reading →

Crude Oil Movement For the 24 hours to 23:00 GMT, Crude Oil declined 2.86% against the USD and closed at USD50.89 per barrel, amid strength in the greenback and after a jump in crude inventories at the biggest US storage … Continue reading →

Crude Oil Movement For the 24 hours to 23:00 GMT, Crude Oil declined 0.3% against the USD and closed at USD52.39 per barrel, after the American Petroleum Institute (API) reported an unexpected rise of 4.7 million barrels in the US … Continue reading →

Crude Oil Movement For the 24 hours to 23:00 GMT, Crude Oil advanced 2.58% against the USD and closed at USD52.55 per barrel, after non-OPEC producers agreed to join OPEC and reduce output by 558,000 barrels per day for the … Continue reading →

Crude Oil Movement For the 24 hours to 23:00 GMT, Crude Oil rose 1.04% against the USD and closed at USD51.48 per barrel on Friday, amid mounting hopes that a global crude production deal will finally be implemented ahead of … Continue reading →

Crude Oil Movement For the 24 hours to 23:00 GMT, Crude Oil rose 1.98% against the USD and closed at USD50.95 per barrel, on growing optimism that non-OPEC producers might agree to cut crude output further in an upcoming weekend … Continue reading →

Crude Oil Movement For the 24 hours to 23:00 GMT, Crude Oil declined 2.0% against the USD and closed at USD49.96 per barrel, as mounting doubts over the effectiveness of OPEC’s production cut deal, dented demand for the commodity. Separately, … Continue reading →

Crude Oil Movement For the 24 hours to 23:00 GMT, Crude Oil declined 0.14% against the USD and closed at USD50.98 per barrel, amid growing doubts that the OPEC would be able to reduce crude supplies after a report indicated … Continue reading →