Crude oil down as Big Build in Crude inventories,Gold above 1850$ on record high after 9 years.

Commodity Live News- Oil was down on Wednesday morning in Asia as the American Petroleum Institute reported a build in crude inventories. The API estimated on Tuesday a build in crude oil inventories of 7.544 million barrels for the week. This build-up in inventories put downward pressure in oil prices. Also dampening investor…

Crude Oil in Green as Vaccine news counters rise in vaccine cases,Gold above 1815$ as Virus cases increases.

Commodity Market Live Now- Crude Oil in Green as Vaccine news counters rise in vaccine cases. Crude Oil prices were little changed on Tuesday, trapped in the narrow trading band of the past three weeks as investors gauged hopes for a recovery in oil demand. Prices were offered some support…

Crude Oil in Red as Corona virus fears offset gasoline recovery signs,Gold in red After making record highs after 8 years .

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 in Green today as Sharp drop in US Crude oil weekly Inventory,Gold on Record high above 1800$ .

Mcx App- Crude Oil in Green Because Sharp drop in US weekly crude oil inventories. Crude Oil demand is improving even as the coronavirus outbreak spreads around the world. U.S. crude and gasoline stocks declined more than expected last week, while distillate inventories rose, data released by the American Petroleum…

Crude Oil in Red as demand worries,Gold Up, Remains Within Striking Reach of $1,800.

Commodity Prices- Crude Oil Prices in red because of demand worries due to Virus cases Increases. Optimism on Monday had been based on strong growth in U.S. pending home sales, bolstering belief that global fuel demand is rising steadily as major economies reopen after coronavirus lockdowns. Crude Oil prices are…

Crude Oil Prices down as US Stock Build,Gold in Red After Making Highs above 1790$.

Commodity Price News- Crude Oil Down Because US Stock Builds this week Inventory Reports shows. Oil prices inched up in early trading on Thursday after sliding more than 5% in the previous session on worries that a rapid rise in COVID-19 cases could choke a revival in fuel demand, but…

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