Crude oil price

Brent Crude Oil Price Rising Wedge Nears its Tip – Time for a Pullback?

Crude oil price rose by 0.40% during the Asian session as traders reacted to the falling inventories in the United…

Sep 02, 2020, 06:51 BST

Oil Moves Higher but Resistance Brings Downside Risk

The price of Crude oil has settled after last week's hurricane threat and the market will likely trade within the…

Aug 31, 2020, 15:48 BST

USDNOK: Krone Extends Gains Against US Dollar On Improving Risk Sentiment

The Norwegian Krone is extending last week’s gains against the US Dollar, hitting a 1-year peak versus the greenback as…

Aug 31, 2020, 13:57 BST

Brent Crude Oil Price At Five-Month Highs. Is this the Start Of A New Crude Oil Uptrend?

Brent crude oil price trades higher for one more day hitting the highest level since March 9 after Abu Dhabi…

Aug 31, 2020, 11:15 BST

Oil Rally Fades as Hurricane Laura Spares Refineries

Crude oil prices fell yesterday after Hurricane Laura crashed into Louisiana as a category 4 storm, but later weakened to…

Aug 28, 2020, 08:29 BST

Morning Brief: Asian Stocks Retreat on South China Sea Tensions

Asian stocks are trading slightly lower on Thursday ahead of Jerome Powell speech in Jackson Hole. Asian indices hover close…

Aug 27, 2020, 08:36 BST

Crude Oil Price Pares Gains Despite Drop in US Crude Oil Inventories

Crude oil price pared some of its gains on the day, despite a drawdown in crude oil inventories. Data released…

Aug 26, 2020, 18:47 BST

Crude Oil Price Bearish Perspective – Not Your Regular Hurricane Season

One of the biggest drivers for crude oil price is the hurricane season. Every time a hurricane or more threatens…

Aug 26, 2020, 12:45 BST

Morning Brief: Stocks Retreat On Profit Taking – Crude Oil Higher

Asian indices retreat today as investors book some profits after the recent strong rally that drove Asian stocks close to…

Aug 26, 2020, 09:33 BST

Crude Oil: Bullish Close Should Lead to Further Gains

A bullish close in crude oil yesterday should see further gains in the commodity this week. The price of WTI…

Aug 26, 2020, 09:05 BST

USDNOK Pressured By Rising Oil Prices As Hurricane Laura Shuts Down US Production

As the approach of Hurricane Laura shutters Gulf Coast oil production, crude oil prices are rising and boosting the Norwegian…

Aug 25, 2020, 18:34 BST

WTI Crude Oil Charges Higher as Marco Fades but Laura Could Become a Major Hurricane

The WTI crude oil price was 2.4% higher on the day and is heading for a test of key resistance…

Aug 25, 2020, 15:07 BST