Crude Oil Movement For the 24 hours to 23:00 GMT, Crude Oil declined 1.19% against the USD and closed at USD19.92 per barrel, after the Organisation of the Petroleum Exporting Countries (OPEC) lowered its forecast for global oil demand by … Continue reading →

Crude Oil Movement For the 24 hours to 23:00 GMT, Crude Oil declined 3.26% against the USD and closed at USD20.16 per barrel, amid rise in weekly US oil inventories and after the International Energy Agency forecasted oil demand would … Continue reading →

Crude Oil Movement For the 24 hours to 23:00 GMT, Crude Oil declined 8.96% against the USD and closed at USD20.84 per barrel, on the back of lower oil demand. Additionally, the American Petroleum Institute (API) reported that crude oil … Continue reading →

Crude Oil Movement For the 24 hours to 23:00 GMT, Crude Oil declined 4.47% against the USD and closed at USD22.89 per barrel, after the Organisation of the Petroleum Exporting Countries and its allies agreed to production cut by 9.7mn … Continue reading →

Crude Oil Movement For the 24 hours to 23:00 GMT, Crude Oil rose 6.25% against the USD and closed at USD26.18 per barrel, amid hopes of production cut by Saudi Arabia and Russia. Additionally, the Energy Information Administration (EIA) reported … Continue reading →

Crude Oil Movement For the 24 hours to 23:00 GMT, Crude Oil declined 7.78% against the USD and closed at USD24.64 per barrel, on oversupply concerns. Additionally, the American Petroleum Institute (API) reported that crude oil inventories rose by 11.9 … Continue reading →

Crude Oil Movement For the 24 hours to 23:00 GMT, Crude Oil rose 0.19% against the USD and closed at USD26.72 per barrel, after a meeting between Saudi Arabia and Russia on oil production cuts was delayed. In the Asian … Continue reading →

Crude Oil Movement For the 24 hours to 23:00 GMT, Crude Oil jumped 15.93% against the USD and closed at USD28.82 per barrel on Friday, amid hopes that the Organisation of the Petroleum Exporting Countries (OPEC) and its allies would … Continue reading →

Crude Oil Movement For the 24 hours to 23:00 GMT, Crude Oil rose 17.26% against the USD and closed at USD24.86 per barrel, after the US President, Donald Trump stated that he expects Saudi Arabia and Russia to reach a … Continue reading →

Crude Oil Movement For the 24 hours to 23:00 GMT, Crude Oil rose 4.64% against the USD and closed at USD21.20 per barrel. Separately, the Energy Information Administration (EIA) reported that crude oil inventories rose by 13.8 million barrels last … Continue reading →

Crude Oil Movement For the 24 hours to 23:00 GMT, Crude Oil declined 0.78% against the USD and closed at USD20.26 per barrel, after the US President, Donald Trump and Russian President, Vladimir Putin agreed to hold talks to stabilise … Continue reading →