• The Crude Chronicles – Episode 4

    Hello there. Welcome to another episode of the Crude Chronicles series. It’s been another volatile week for crude oil prices which have seen a sharp drop despite the latest inventories data showing a drawdown. The latest report from the Energy Information Administration for the week ending Sept 6th showed that US crude stores declined by […]

  • Oil hovers around 8-week highs

    Oil surged to an eight-week high, as the continuing decline in US oil reserves raised optimism about the oil market outlook. Prices rose after Wednesday’s report showing a fourth consecutive week of declines in US oil inventories. US crude oil inventories decreased by 7.2 million barrels last week to a total of 483.4 million barrels, […]