Crude Oil Prices are in Green Today as Demand Increases,Gold Still Strong and trading above 1770$ per Ounce.

Mcx News Latest- Crude Oil Gains Momentum because of Demand Increases in all over world despite Corona virus Cases Increases. Overall, commodities markets were taking a positive view on the global recovery on Friday despite worries about corona virus impact. USA kept Crude oil Production on hold that will gives…

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 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 Down as Increase stocks in USA Weekly Inventories,Gold Steady as Virus Fears offset firmer equities,Dollar.

Mcx Live- Crude oil Down Because of USA Weekly Inventories stock rises. API reported a 3.9 million-barrel build for the week ending June 12 on Tuesday. Due to Rising cases of corona virus in China and other countries , could Drop oil Further in coming days because of slow demand.…

error

Enjoy this blog? Please spread the word :)