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…

Crude Oil Drops as Demand worries & as Fear of 2nd Corona Virus Wave,Gold also in Red.

Commodity Trading App- Crude Oil Drops as Demand Worries & 2nd Wave of Corona Virus Impact. Fears of a second wave of COVID-19 cases spiked over the weekend, with China reporting 57 new cases on June 13 after a new outbreak in Beijing’s Xinfadi market. Beijing has since closed both…

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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