Crude Oil Movement For the 24 hours to 23:00 GMT, Crude Oil declined 1.15% against the USD and closed at 39.69, extending its previous session losses. However, the American Petroleum Institute (API) disclosed that US crude stockpiles fell by 1.3 … Continue reading →

Crude Oil Movement For the 24 hours to 23:00 GMT, Crude Oil declined 2.97% against the USD and closed at 40.15, as ongoing fears about a global supply glut continued to weigh on investor sentiment. In the Asian session, at … Continue reading →

Crude Oil Movement For the 24 hours to 23:00 GMT, Crude Oil rose 1.12% against the USD and closed at 41.46, despite Baker Hughes reporting that the number of active oil rigs in US rose by 3 to 374 last … Continue reading →

Crude Oil Movement For the 24 hours to 23:00 GMT, Crude Oil declined 2.43% against the USD and closed at 41.00, pressured by concerns over a supply glut. In the Asian session, at GMT0300, the pair is trading at 41.07, … Continue reading →

Crude Oil Movement For the 24 hours to 23:00 GMT, Crude Oil declined 1.64% against the USD and closed at 42.02, after the Energy Information Administration revealed that US crude oil inventory data indicated a surprise build of 1.7 million … Continue reading →

Crude Oil Movement For the 24 hours to 23:00 GMT, Crude Oil declined 1.18% against the USD and closed at 42.72, after the latest American Petroleum Institute (API) weekly crude stockpiles data recorded a smaller-than-expected draw of 0.8million barrels to … Continue reading →

Crude Oil Movement For the 24 hours to 23:00 GMT, Crude Oil declined 2.33% against the USD and closed at 43.23, as fading global demand led to renewed fears of global crude glut. In the Asian session, at GMT0300, the … Continue reading →

Crude Oil Movement For the 24 hours to 23:00 GMT, Crude Oil declined 0.9% against the USD and closed at 44.26, after data from Baker Hughes showed that US oil drillers added 14 rigs last week to bring the total … Continue reading →

Crude Oil Movement For the 24 hours to 23:00 GMT, Crude Oil declined 2.17% against the USD and closed at 44.66, surrendering its previous session gains amid rising supply glut concerns. In the Asian session, at GMT0300, the pair is … Continue reading →

Crude Oil Movement For the 24 hours to 23:00 GMT, Crude Oil rose 2.29% against the USD and closed at 45.65, after the Energy Information Administration (EIA) disclosed that US crude stockpiles fell 2.3 million barrels to 519.6 million barrels … Continue reading →

Crude Oil Movement For the 24 hours to 23:00 GMT, Crude Oil declined 1.39% against the USD and closed at 44.63, amid strength in the greenback. Yesterday, the American Petroleum Institute (API) reported that US crude stockpiles fell by 2.3 … Continue reading →