Crude Oil Movement Crude Oil prices advanced 1.26% against the USD for the 24-hour period ending 23:00GMT, closing at 44.32. However, the gains in oil prices were capped after the Energy Information Administration (EIA) disclosed that US crude oil inventories … Continue reading →

Crude Oil Movement Crude Oil prices declined 2.34% against the USD for the 24-hour period ending 23:00GMT, closing at 43.77, after reports emerged of increased oil production in the Middle East, reinvigorating concerns about global supply glut. Separately, the American … Continue reading →

Crude Oil Movement Crude Oil prices declined 2.54% against the USD for the 24-hour period ending 23:00GMT, closing at 44.82, after data showed that crude production by the Organization of the Petroleum Exporting Countries (OPEC) reached an all-time peak of … Continue reading →

Crude Oil Movement Crude Oil prices advanced 0.97% against the USD for the 24-hour period ending 23:00GMT, closing at 45.66, extending its gains for the third consecutive day. In the Asian session, at GMT0300, the pair is trading at 45.93, … Continue reading →