Commodity News Alert- Crude Oil Trading in Range 41$, no any clear trend for the Momentum. Saudi Arabia may have little choice but to reduce the price of its oil as OPEC and allied producers start to ease output curbs amid weakening demand that’s crashed the value of physical supplies.…
Crude Oil in Range 40-42$ still no any confirm trend after drop yesterday now its Up,Gold after Making record Highs its down.
Commodity Trading News- Crude Oil prices rose on Wednesday after an industry report showed that crude inventories in the United States decreased against expectations. Its giving the market a boost amid record increases of coronavirus infections in the U.S. and elsewhere. Inventories of crude oil in the U.S. dropped by…
Crude oil Trading in Range 41-42$,Gold on Record high above 1960$ per Ounce.
Commodity Market- Crude Oil was up on Tuesday morning in Asia, backed by hopes that the U.S. will pass another stimulus bill which put pressure on the dollar and supported equities. In the U.S., Senate Republicans proposed a $1 trillion COVID-19 aid package that would include $1,200 payments to Americans,…
Crude Oil Prices down as US Stock Build,Gold in Red After Making Highs above 1790$.
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, Gold massive Upside above 1740$.
Commodity News- Crude Oil drops again Because of strong inventory Builds from USA. Crude Oil Demand also have very Slow ,Prices are not supportive for upside may fall further down. U.S. crude inventories rose unexpectedly by 5.7 million barrels in the week to June 5 to 538.1 million barrels –…
Crude Oil upside makes high above 37$,Gold Falls below 1740$.
Crude Oil above 37$ because of Production cut & OPEC Meeting ahead. OPEC+ Going ahead to extend the production cut for a Month ,prices may go above 40$ in recent trading sessions. Prices Made High since March 6,after making Record lows Crude prices are strong bullish Phase. Still its not…
Commodity News india
Commodity News India- Crude oil Surges Up ,But Expiry Looms. The Sellers Need to Pay 40$ Per Barrel to Get Rid of Us Oil Futures. Crude oil Plunges on Record Low as Corona Virus Global Pandemic had Inflicted on Oil Industry Whic came on to Focus on April 20. On…