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 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 Trading above 40$,Gold Above 1760$ as Fears from Virus case increasing.

Comex Live- Crude Oil opens Down after giving Gains in Earlier Trade in asain markets. China, one of the world’s biggest oil importers, has yet to respond to Navarro’s comments, but an escalation of U.S.-China tension threatens a delay in the global economic recovery from COVID-19, in turn increasing the…

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…

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