Crude Oil: Oil trading on a stronger footing this morning

Crude Oil Movement For the 24 hours to 23:00 GMT, Crude Oil rose 1.09% against the USD and closed at USD45.57 per barrel on Friday, on rising hopes that OPEC will find a way to freeze production at a meeting … Continue reading

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Crude Oil: Oil extends its losses, ahead of Baker Hughes weekly rig count data

Crude Oil Movement For the 24 hours to 23:00 GMT, Crude Oil declined 0.73% against the USD and closed at USD45.08, amid strength in the greenback. Meanwhile, the Saudi Arabia Energy Minister, Khalid al-Falih, expressed optimism over Organization of the … Continue reading

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Crude Oil: Oil trading a tad higher in the Asian session

Crude Oil Movement For the 24 hours to 23:00 GMT, Crude Oil declined 0.7% against the USD and closed at USD45.41 per barrel, after flipping between gains and losses, after the Energy Information Administration (EIA) stated that US crude stockpiles … Continue reading

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Crude Oil: Oil reverses its gains, ahead of EIA’s weekly crude oil inventories data

Crude Oil Movement For the 24 hours to 23:00 GMT, Crude Oil climbed 4.86% against the USD and closed at USD45.73 per barrel, amid mounting expectations that the Organization of the Petroleum Exporting Countries (OPEC) will agree to cut production … 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 rose 0.51% against the USD and closed at USD43.61 per barrel, giving up its earlier losses, after news emerged that OPEC members were seeking to resolve their differences … 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 2.57% against the USD and closed at USD43.25 per barrel on Friday, after the Organization of the Petroleum Exporting Countries (OPEC) reported that its output swelled at … 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 declined 2.16% against the USD and closed at USD44.39 per barrel, after a report indicated that that the Organization of the Petroleum Exporting Countries (OPEC) pumped record high … 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 1.09% against the USD and closed at USD45.37 per barrel, as markets shrugged off the outcome of the US Presidential election. Separately, the Energy Information Administration (EIA) … Continue reading

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Crude Oil: Oil extends its losses, ahead of the EIA’s weekly crude oil inventory data

Crude Oil Movement For the 24 hours to 23:00 GMT, Crude Oil declined 0.07% against the USD and closed at USD44.88 per barrel, after the American Petroleum Institute (API) disclosed that US crude oil inventories rose more-than-expected by 4.4 million … Continue reading

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Crude Oil: Oil trading lower, ahead of API’s weekly crude oil inventory data

Crude Oil Movement For the 24 hours to 23:00 GMT, the Crude Oil rose 0.83% against the USD and closed at USD44.91 per barrel, after an earthquake at the Cushing, Oklahoma storage hub raised worries about crude supplies. Additionally, higher … Continue reading

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Crude Oil: Oil trading between its MA’s

Crude Oil Movement For the 24 hours to 23:00 GMT, Crude Oil declined 1.16% against the USD and closed at USD44.17 per barrel on Friday, as signs of tensions arose between Saudi Arabia and Iran that could threaten the proposed … Continue reading

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