Crude Oil in Range 42-43$ no any confirm Trend,Gold very Volatile movement not Sustainable above 2020$ may go deep red today.

Global Commodity Market- Crude Oil in Range 42-43$ no any confirm Trend,its moving sideways in range bond. Oil was mixed on Wednesday morning in Asia, with the American Petroleum Institute (API)’s prediction of a draw in crude oil supply overshadowed by ongoing concerns over U.S. fuel recovery. API on Tuesday reported a…

Crude Oil in Red Despite OPEC+’s Almost Full Compliance With Agreed Output Cuts,Gold Again above 2000$ as Doller Weekens.

Commodity Breaking News- Crude oil Down inspite of OPEC+ agrees to producion cut in coming days. Oil edged down on Tuesday morning in Asia, even after OPEC+ said on Monday that the organization is in almost full compliance with output cuts in place to support the black liquid as the…

Crude Oil Sideways Movement and in Rangebond near 40-42$,Gold in red going down and down below 1900$.

Commodity Live Rates- Crude Oil Trading in Sideways and in Rangebond 40-42$ no any confirm trend. Oil prices moved higher on Wednesday after an industry report showed that U.S. inventories of crude fell more than analysts had expected, bolstering hopes that fuel demand in the world’s biggest economy can weather…

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 Opens in Green Almost Above 42$,Gold is Very Strong Trading above 2060 may touch 2100/2150$ in few Days.

Commodity All News- Crude Oil Opens in Green Trading above 42$. Saudi Arabia’s energy minister and Iraqi counterpart stressed, in a phone call, their countries’ full commitment to an OPEC+ deal curbing oil production, Iraqi state news agency said on Friday citing a joint statement from both ministries. OPEC, Russia…

Crude oil in Range 40-41$ slightly in red due to Strong build in US Inventory Data,Gold on Record High and Trading above 1800$.

Mcx Live Chart Crude Oil- Crude Oil Trading in Range 40-41$, slightly in Red Because US Crude inventory Report strong build for this week. Prices were little changed in the previous session and have been held in a narrow band over the past two weeks as concerns about a spike…

Crude Oil Up as Production Cut news but Meanwhile Corona virus cases rises,Gold Massive up Today.

Mcx Rate- Crude Oil Up Because Production Cut news Impact Meanwhile Corona Virus Cases are Again rising all over world,which could take low demand of crude oil supply. Investors will be looking at whether OPEC+ will extend its pledged production cuts of 9.7 million bpd, currently due to expire at…

Crude Oil Prices Falls as Demand concerns,Gold steady as rise in cases of corona virus again all over world.

Mcx Live Spot Price- Crude oil Prices down as Demand concerns because of Corona Virus cases rises in China & USA. A rise in U.S. crude stockpiles to a record high for a second week in a row also weighed on sentiment, even though U.S. government data showed inventories of…

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