Commodity Hindi- Crude Oil prices drifted lower on Thursday as concerns about renewed COVID-19 lockdowns in the United States outweighed signs of a recovery in U.S. gasoline demand. Oil prices rose on Wednesday as data from the U.S. Energy Information Administration showed U.S. gasoline stockpiles fell by 4.8 million barrels…
Crude oil falls due to rising cases on corona virus across the world with very low demand for crude,Gold up for 4th Week Despite Resurgent U.S. Jobs
Commodity Market Live- Crude Oil falls because rising cases of corona virus across the world and crude having very low demands. Increases in the daily cases of the coronavirus, however, globally and in the United States pressured prices. New U.S. COVID-19 cases rose by more than 50,000 on Thursday, setting…
CRUDE OIL PRICES LOWER DUE TO OVERSUPPLY
Crude oil Prices open Lower in Asia Morning Trade because of Oversupply production of Opec & Non Opec Countries. In Early Trade ,Brent CRUDE is 3.57% Down & WTI CRUDE Down by 7% ,As OPEC+ countries agreed 10 Million Barrel Cut Daily in April which comes effect from this friday.…
