Crude Oil opens in Green as asian Demands recovery,Gold in Red as Profits Booking.

Commodity Live Markets- Crude oil gained more ground on Tuesday, with prices underpinned by expectations of U.S. stimulus and a rebound in Asian demand as economies reopen. Prices found support after U.S. President Donald Trump tweeted that top congressional Democrats wanted to meet with him on coronavirus-related economic relief. The…

Crude Oil Down as OPEC+ Boosts Production Trading below 40$,Gold Opens at record High almost Near 1994.

COMMODITY NEWS TODAY LIVE- Crude Oil was down on Monday morning in Asia as the Organization of the Petroleum Exporting Countries and its allies (OPEC+) moved to increase oil production. The production increase starting this month will see about 1.5 million barrels added to global supply per day. However, fuel…

Crude oil in Red as OPEC and its allies agree to loosen oil supply curbs,Gold in Range trading above 1800$.

Mcx Live Spot Price- Crude oil in Red as OPEC & its allies agree to loosen oil supply curbs. The Organization of the Petroleum Exporting Countries (OPEC) and its allies, known as OPEC+, agreed on Wednesday to scale back oil production cuts from August as the global economy slowly recovers…

Crude Oil Drops as US Inventory Builds,Gold Ready For another Bull run this week.

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…

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