Crude Oil Movement For the 24 hours to 23:00 GMT, Crude Oil rose 1.34% against the USD and closed at USD51.47 per barrel, after the US Energy Information Administration (EIA) reported that US crude stockpiles surprisingly dropped by 5.2 million … Continue reading →

Crude Oil Movement For the 24 hours to 23:00 GMT, Crude Oil rose 1.32% against the USD and closed at USD50.79 per barrel, after the American Petroleum Institute (API) reported an unexpected draw of 3.8 million barrels in the US … Continue reading →

Crude Oil Movement For the 24 hours to 23:00 GMT, Crude Oil rose 0.06% against the USD and closed at USD50.13, led by expectations of an OPEC intervention next month to curb production. In the Asian session, at GMT0300, the … Continue reading →

Crude Oil Movement For the 24 hours to 23:00 GMT, Crude Oil declined 0.57% against the USD and closed at USD50.31 per barrel on Friday, after Baker Hughes reported that the number of active oil rigs in the US increased … Continue reading →

Crude Oil Movement For the 24 hours to 23:00 GMT, Crude Oil rose 1.5% against the USD and closed at USD50.60 per barrel. Separately, the Energy Information Administration (EIA) disclosed that US crude stockpiles swelled 4.9 million barrels to 504.6 … Continue reading →

Crude Oil Movement For the 24 hours to 23:00 GMT, Crude Oil declined 1.79% against the USD and closed at USD49.85 per barrel, after the Organization of the Petroleum Exporting Countries (OPEC) stated that its production rose to the highest … Continue reading →

Crude Oil Movement For the 24 hours to 23:00 GMT, Crude Oil declined 0.99% against the USD and closed at USD50.76 per barrel, after the International Energy Agency (IEA) disclosed that the Organization of the Petroleum Exporting Countries (OPEC) boosted … Continue reading →

Crude Oil Movement For the 24 hours to 23:00 GMT, Crude Oil climbed 4.19% against the USD and closed at USD51.27 per barrel, after Russia indicated that it was ready to join the Organization of the Petroleum Exporting Countries (OPEC), … Continue reading →

Crude Oil Movement For the 24 hours to 23:00 GMT, Crude Oil declined 1.9% against the USD and closed at USD49.57 per barrel on Friday, after Baker Hughes reported that the number of active oil rigs in the US increased … Continue reading →

Crude Oil Movement For the 24 hours to 23:00 GMT, Crude Oil rose 1.71% against the USD and closed at USD50.53 per barrel, underpinned by news of another informal Organization of the Petroleum Exporting Countries (OPEC) meeting on output cuts. … Continue reading →

Crude Oil Movement For the 24 hours to 23:00 GMT, Crude Oil rose 1.04% against the USD and closed at USD49.68 per barrel, after data indicated fifth unexpected weekly draw in crude oil inventories. The Energy Information Administration (EIA) reported … Continue reading →