Crude Oil Movement For the 24 hours to 23:00 GMT, Crude Oil declined 2.16% against the USD and closed at 45.28, on renewed supply glut concerns. Data intelligence company, Genscape, reported that the Cushing, Oklahoma delivery hub for US crude … Continue reading →

Crude Oil Movement For the 24 hours to 23:00 GMT, Crude Oil rose 1.21% against the USD and closed at 45.96, after strong economic data from the US and China boosted the demand outlook for the commodity. However, gains in … Continue reading →

Crude Oil Movement For the 24 hours to 23:00 GMT, Crude Oil rose 0.67% against the USD and closed at 45.41, reversing earlier session losses, amid broad weakness in the greenback. In the Asian session, at GMT0300, the pair is … Continue reading →

Crude Oil Movement For the 24 hours to 23:00 GMT, Crude Oil declined 2.84% against the USD and closed at USD 45.11 per barrel, after the Energy Information Administration (EIA) indicated that US crude oil inventories fell less-than-expected by 2.5 … Continue reading →

Crude Oil Movement For the 24 hours to 23:00 GMT, Crude Oil rose 4.01% against the USD and closed at 46.43, after a report from the Organisation of the Petroleum Exporting Countries (OPEC) disclosed that oil market was likely to … Continue reading →

Crude Oil Movement For the 24 hours to 23:00 GMT, Crude Oil declined 1.06% against the USD and closed at 44.64, after a survey disclosed that members of the Organization of the Petroleum Exporting Countries (OPEC) pumped the most oil … Continue reading →

Crude Oil Movement For the 24 hours to 23:00 GMT, Crude Oil declined 0.11% against the USD and closed at 45.24, after oscillating between gains and losses throughout the session. Separately, on Friday, fresh figures from Baker Hughes indicated that … Continue reading →

Crude Oil Movement For the 24 hours to 23:00 GMT, Crude Oil declined 5.33% against the USD and closed at 45.29, after the Energy Information Administration (EIA) indicated that US crude oil inventories declined less-than-expected by 2.2 million barrels to … Continue reading →

Crude Oil Movement Crude Oil prices advanced 2.33% against the USD for the 24-hour period ending 23:00GMT, closing at 47.84, after two consecutive days of decline, amid a sharp drop in US crude stockpiles. Yesterday, the American Petroleum Institute (API) … Continue reading →

Crude Oil Movement Crude Oil prices declined 3.93% against the USD for the 24-hour period ending 23:00GMT, closing at 46.75, amid renewed concerns that the Brexit decision would hurt the fragile global economy, thus making it unlikely that demand will … Continue reading →

Crude Oil Movement Crude Oil prices declined 0.63% against the USD for the 24-hour period ending 23:00GMT, closing at 48.66, reversing its previous session gains. Separately, Saudi Arabia’s Energy Minister, Khaled Al-Faleh, indicated that the global oil market is heading … Continue reading →