Crude oil in Red as demand slow & US Stockpile Data,Gold Massive Movement in Red as sharp sell off & As Dollar Defies Fed .

Commodity News Indian Market- Crude Oil in Red because Demand slow and US Stockpile Data,Crude Oil Trading in Range bind no any major movement from past 2 weeks. Oil prices fell on Thursday as major producers warned of a risk to the recovery in demand if the coronavirus crisis is…

Crude Oil up as Iraq cuts Production & Saudi aramco results,Gold opens in Green & Stable above 2020$ .

Commodity Weekly News- Crude Oil opens in Green Because Iraq Production Cut news & Saudi aramco Results. Oil was up on Monday morning in Asia after Iraq said it would step up production cuts and U.S. President Donald Trump took executive action on economic aid Americans hit by the COVID-19…

Crude Oil holds above 41$ as US demand Recovery,Gold Near 1900$ on Record High.

Commodity Live Price- Crude Oil held losses near $41 a barrel in New York as signs of weakness in the U.S. labor market cast doubt on the strength of the demand recovery in the world’s biggest crude consumer. The first increase in jobless claims since March comes as lawmakers negotiate…

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 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 Trading Sideways and in range Due to various Global Factors,Gold opens Down with Earlier Rally Tempered by Rising COVID-19 Numbers.

Commodity Market Live Data- Crude oil Trading sideways because of many Global factors. Oil prices offered up a mixed market snapshot on Monday, with Brent crude edging higher, supported by tighter supplies, while U.S. benchmark WTI futures dropped on concern that a spike in coronavirus cases could curb oil demand…

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