Crude Oil Movement Crude Oil prices marginally declined against the USD for the 24-hour period ending 23:00GMT, closing at 48.90, after the American Petroleum Institute (API) reported that US oil inventories unexpectedly rose by 2.4 million barrels last week. In … Continue reading →

Crude Oil Movement Crude Oil prices declined 1.19% against the USD for the 24-hour period ending 23:00GMT, closing at 48.91, reversing its previous session gains. In the Asian session, at GMT0300, the pair is trading at 48.86, with the oil … Continue reading →

Crude Oil Movement Crude Oil prices advanced 0.34% against the USD for the 24-hour period ending 23:00GMT, closing at 49.50. Separately, Baker Hughes reported that the US oil rig count fell by 2 to a level of 316 last week. … Continue reading →

Crude Oil Movement Crude Oil prices declined 0.50% against the USD for the 24-hour period ending 23:00GMT, closing at 49.36, reversing its previous session gains, as global supply glut concerns resurfaced. In the Asian session, at GMT0300, the pair is … Continue reading →

Crude Oil Movement Crude Oil prices advanced 0.85% against the USD for the 24-hour period ending 23:00GMT, closing at 49.61, after the Energy Information Administration (EIA) report indicated that US crude oil inventories declined more-than-expected by 4.2 million barrels during … Continue reading →

Crude Oil Movement Crude Oil prices advanced 2.84% against the USD for the 24-hour period ending 23:00GMT, closing at 49.19, after the American Petroleum Institute (API) reported that US oil inventories fell more-than-expected by 5.1 million barrels during the week … Continue reading →

Crude Oil Movement Crude Oil prices declined 1.81% against the USD for the 24-hour period ending 23:00GMT, closing at 47.83, amid renewed global supply glut concerns as the recent disruptions to crude oil production waned. In the Asian session, at … Continue reading →

Crude Oil Movement Crude Oil prices advanced 0.58% against the USD for the 24-hour period ending 23:00GMT, closing at 48.71, extending its previous session gains. Separately, Baker Hughes, reported that the US oil rig count remained steady at a level … Continue reading →

Crude Oil Movement Crude Oil prices advanced 0.96% against the USD for the 24-hour period ending 23:00GMT, closing at 48.43, reversing its previous session losses, amid concerns about Canadian and Nigerian oil supply outages. In the Asian session, at GMT0300, … Continue reading →

Crude Oil Movement Crude Oil prices declined 0.99% against the USD for the 24-hour period ending 23:00GMT, closing at 47.97, reversing its two-day rally, after the Energy Information Administration (EIA) disclosed that US crude oil inventories unexpectedly rose by 1.3 … Continue reading →

Crude Oil Movement Crude Oil prices advanced 1.19% against the USD for the 24-hour period ending 23:00GMT, closing at 48.45, amid a new wildfire threat on Canadian oil supplies. Additionally, the American Petroleum Institute (API) reported that US oil inventories … Continue reading →