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- Crude Oil: Oil trading higher ahead of Baker Hughes weekly rig count data
- Silver; White metal trading on a weaker footing this morning
- Gold: Yellow metal reverses it gains in the Asian session
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Crude Oil: Oil reverses its losses in the morning session
Crude Oil Movement For the 24 hours to 23:00 GMT, Crude Oil retreated 0.27% against the USD and closed at USD51.05 per barrel, after rising to a sixteen-month high following last week’s stunning decision of the Organisation of the Petroleum … Continue reading
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Crude Oil: Oil trading on a weaker footing this morning
Crude Oil Movement For the 24 hours to 23:00 GMT, Crude Oil rose 1.06% against the USD and closed at USD 51.65 per barrel on Friday, extending its previous session gains. Separately, Baker Hughes reported that US oil rig count … Continue reading
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Crude Oil: Oil reverses its gains in the morning session
Crude Oil Movement For the 24 hours to 23:00 GMT, Crude Oil climbed 3.99% against the USD and closed at USD51.11 per barrel, as investors continued to cheer on a deal of OPEC and Russia to curb production in an … Continue reading
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Crude Oil: Oil trading on a stronger footing this morning
Crude Oil Movement For the 24 hours to 23:00 GMT, Crude Oil rocketed 8.52% against the USD and closed at USD49.15, after the Organisation of the Petroleum Exporting Countries (OPEC) and Russia finally reached an agreement for the first time … Continue reading
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Crude Oil: Oil trading higher in the morning session
Crude Oil Movement For the 24 hours to 23:00 GMT, Crude Oil tumbled 3.47% against the USD and closed at USD45.29 per barrel, pressured by growing doubts that internal discord between major oil producers could derail plans to reach an … Continue reading
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Crude Oil: Oil reverses its gains in the morning session
Crude Oil Movement For the 24 hours to 23:00 GMT, Crude Oil rose 1.82% against the USD and closed at USD46.92 per barrel, after oscillating between gains and losses, as investors grappled with shaky prospect of major oil producers being … Continue reading
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Crude Oil: Oil trading on a stronger footing this morning
Crude Oil Movement For the 24 hours to 23:00 GMT, Crude Oil declined 4.27% against the USD and closed at USD45.96 per barrel on Friday, amid growing uncertainty about the Organization of the Petroleum Exporting Countries (OPEC) ability to reach … Continue reading
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Crude Oil: Oil trading on a weaker footing this morning
Crude Oil Movement For the 24 hours to 23:00 GMT, Crude Oil traded flat against the USD and closed at USD48.01 per barrel. In the Asian session, at GMT0400, the pair is trading at 47.89, with the oil trading 0.25% … Continue reading
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Crude Oil: Oil trading a tad higher in the morning session
Crude Oil Movement For the 24 hours to 23:00 GMT, Crude Oil declined 0.15% against the USD and closed at USD48.01 per barrel, as doubts emerged that whether the OPEC will agree to a production cut large enough to make … Continue reading
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Crude Oil: Oil trading lower, ahead of EIA’s weekly crude oil inventory data
Crude Oil Movement For the 24 hours to 23:00 GMT, Crude Oil declined 0.85% against the USD and closed at USD48.08 per barrel, on worries that Iran and Iraq were not ready to agree on an OPEC output freeze deal. … Continue reading
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Crude Oil: Oil extends its gains in the morning session
Crude Oil Movement For the 24 hours to 23:00 GMT, Crude Oil jumped 5.09% against the USD and closed at USD48.49 per barrel, boosted by rising conviction that major oil producers would come to an agreement to curb output at … Continue reading
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