Crude Oil Movement For the 24 hours to 23:00 GMT, Crude Oil declined 1.1% against the USD and closed at USD43.25 per barrel. However, crude prices pared losses, after Venezuela stated that a deal to stabilise oil markets is imminent … Continue reading →

Crude Oil Movement For the 24 hours to 23:00 GMT, Crude Oil declined 0.83% against the USD and closed at USD43.22 per barrel on Friday, as reports of swelling Iranian exports reinforced fears of a global supply glut Additionally, Baker … Continue reading →

Crude Oil Movement For the 24 hours to 23:00 GMT, Crude Oil declined 0.32% against the USD and closed at USD 43.58 per barrel, falling for the third consecutive session, amid renewed global supply glut concerns. In the Asian session, … Continue reading →

Crude Oil Movement For the 24 hours to 23:00 GMT, Crude Oil declined 3.25% against the USD and closed at USD 43.72 per barrel, extending its previous session losses. However, losses in crude prices were kept in check, after the … Continue reading →

Crude Oil Movement For the 24 hours to 23:00 GMT, Crude Oil declined 1.85% against the USD and closed at USD45.19 per barrel, after the International Energy Agency (IEA) slashed its global oil demand forecast for this year and the … Continue reading →

Crude Oil Movement Crude Oil prices advanced 0.72% against the USD for the 24-hour period ending 23:00GMT, closing at USD46.04 per barrel, reversing its previous session losses, amid a broad weakness in the greenback. In the Asian session, at GMT0300, … Continue reading →

Crude Oil Movement Crude Oil prices plunged 3.40% against the USD for the 24-hour period ending 23:00GMT on Friday, closing at 45.69, after Baker Hughes reported that the number of active US oil rigs rose by 7 during the week … Continue reading →

Crude Oil Movement Crude Oil prices advanced 2.58% against the USD for the 24-hour period ending 23:00GMT, closing at USD47.30 per barrel, after the Energy Information Administration (EIA) reported that US crude stockpiles surprisingly dropped 14.5 million barrels to 511.4 … Continue reading →

Crude Oil Movement Crude Oil prices advanced 3.09% against the USD for the 24-hour period ending 23:00GMT, closing at USD46.11 per barrel, reversing its previous session losses, after the American Petroleum Institute (API) disclosed that US crude oil inventories unexpectedly … Continue reading →

Crude Oil Movement Crude Oil prices declined 0.67% against the USD for the 24-hour period ending 23:00GMT, closing at USD44.73 per barrel, erasing its previous day’s strong gains, as hopes waned that major oil producers will reach an agreement to … Continue reading →

Crude Oil Movement Crude Oil prices advanced 1.88% against the USD for the 24-hour period ending 23:00GMT, closing at USD 45.03 per barrel, after world’s top oil producers Saudi Arabia and Russia agreed to co-operate on stabilising the oil market, … Continue reading →