Commodity Latest News- Crude Oil Drops because of USA inventory Strong Build & Oversupply concern. Demand for Crude oil is FALLING is another reason for prices down. U.S. crude inventories climbed 8.4 million barrels in the week to June 5, API data showed, while a Reuters poll of analysts had indicated…
Live commodity News & Trend for today
Mcx Commodity Live News – Crude oil all set for positive start in its fourth week of this month. USA also have cut the ouput from 10 million Barrel to 2 million barrel this month, Next month again set to cut output and will be limited to 1 million Barrel.…
Commodity Oil News-Crude Oil Prices Rises as Lockdown ease
Commodity Oil News – Crude Oil Prices Rises as Lock down ease in Early Trade in Asian Market. WTI Crude oil Trading above 20$ ,almost 6% upside from yesterday’s Closing,Brent oil Trading at 28.50$ almost 5% upside. Oil prices almost trading at 3 weeks high due to ease in lockdown,…
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.…
RUSSIAN CRUDE OIL OUTPUT ON 11.45 MILLION BPD IN APRIL MONTH.
Russion Crude Oil Output raised by 11.45 Million Bpd per Day in April Month. Russia in output in April to 46.45 million tonnes, or 11.35 million barrels per day (bpd), from 11.29 million bpd in March. Interfax reported on Saturday, before it makes cuts this month under a global supply.…
Crude Oil Prices Rises in Early Trade.
Crude Oil Prices Rises in Early Trade., on thursday Morning In asia. Crude oil is in Green Because USA Crude oil glut is not growing as expected. West Texas Intermediate (WTI) Crude Oil futures climbed to a high of $16.25 a barrel and were up 7.2%, or $1.08, at $16.14…
