Crude Oil Movement Crude Oil prices advanced 1.52% against the USD for the 24-hour period ending Friday 23:00GMT, closing at 44.21, after Russian President, Vladimir Putin, voiced his support for the Organisation of the Petroleum Exporting Countries’ attempt to implement … Continue reading →

Crude Oil Movement For the 24 hours to 23:00 GMT, Crude Oil declined 2.94% against the USD and closed at USD43.55 per barrel, falling for the fourth consecutive session, as global supply glut concerns resurfaced. Separately, In the Asian session, … Continue reading →

Crude Oil Movement For the 24 hours to 23:00 GMT, Crude Oil declined 2.88% against the USD and closed at USD44.87 per barrel, after the Energy Information Administration (EIA) reported that US crude stockpiles recorded a larger-than-expected build of 2.3 … Continue reading →

Crude Oil Movement For the 24 hours to 23:00 GMT, Crude Oil declined 1.76% against the USD and closed at USD46.20 per barrel, after the American Petroleum Institute (API) disclosed that US crude oil inventories recorded a build of 0.94 … Continue reading →

Crude Oil Movement For the 24 hours to 23:00 GMT, Crude Oil declined 0.06% against the USD and closed at USD47.03 per barrel, amid speculation that top oil producers would fail to reach an agreement to curb crude output at … Continue reading →

Crude Oil Movement For the 24 hours to 23:00 GMT, Crude Oil rose 1.07% against the USD and closed at USD 47.34 per barrel, as the US-Iran military tensions in the Gulf helped shore up oil prices. In the Asian … Continue reading →

Crude Oil Movement For the 24 hours to 23:00 GMT, Crude Oil declined 1.56% against the USD and closed at USD46.84 per barrel, after the Energy Information Administration (EIA) revealed that the US crude oil inventories unexpectedly rose by 2.50 … Continue reading →

Crude Oil Movement For the 24 hours to 23:00 GMT, Crude Oil rose 0.4% against the USD and closed at USD47.58 per barrel, after Iran showed signs of cooperation in a deal to stabilise the market. However, gains in crude … Continue reading →

Crude Oil Movement For the 24 hours to 23:00 GMT, Crude Oil declined 1.29% against the USD and closed at USD47.39 per barrel, pressured by rising expectations of higher crude exports from Iraq and Nigeria. In the Asian session, at … Continue reading →

Crude Oil Movement For the 24 hours to 23:00 GMT, Crude Oil rose 0.43% against the USD and closed at USD48.49 per barrel, notching its seven-week high level. Separately, the Baker Hughes disclosed that US oil rig count rose by … Continue reading →

Crude Oil Movement For the 24 hours to 23:00 GMT, Crude Oil rose 3.05% against the USD and closed at USD48.28 per barrel, amid mounting hopes that Saudi Arabia and Russia will agree to curb production. In the Asian session, … Continue reading →