MCX Crude Oil settled up 0.73% at 4272 as investors cheered progress in resolving the U.S.-China trade dispute and a decisive general election result in Britain. Prices seen supported by efforts by the Organization of the Petroleum Exporting Countries (OPEC) and allies including Russia to cut production.
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crude oil option trading, Crude Oil Trading News and Reports from Gold Silver Reports.
Crude Oil prices Slip as Trade War Concerns Haunt Market
Crude Oil prices slipped for a second straight day on Tuesday as a slowing global demand outlook outweighed OPEC’s deal with associated producers last week to deepen output cuts in 2020.
MCX Crude Oil Trading Tips Rocking Watch 3900 To 4267, Almost 355 Point Up – Neal Bhai Reports
Crude Oil futures leapt this morning by over 15% in a knee-jerk reaction to the attack on the Saudi Arabia Abqaiq oil facility over the weekend that notionally, took 5% of the world’s supply offline.
MCX Crude Trading Tips – If sustain above ₹4200 level Positional Target 4275—4360—4444
MCX Crude Trading Tips – If sustain above ₹4200 level Positional Target 4275—4360—4444, Below 4190 Correction Expected.
U.S. Crude Oil Futures Below $63, Only Bloodbath – Neal Bhai Reports
U.S. Crude Oil Futures Tips – Keep Eye on Below $63 level, Only Bloodbath – Target $61—58, Just Watch Strong Support $63.
Crude Oil Prices Dip as Worries over Economic Slowdown Return
Gold Silver Reports (GSR) — Crude Oil prices were also supported by comments from US Federal Reserve Chairman Jerome Powell on Thursday that the central bank had the ability to be patient on monetary policy.
Crude Oil hits Multi-Month Lows as Downbeat Mood Persists
Brent crude fell $1.56 to a low of $52.79 a barrel, its weakest since September 2017, before rallying to trade around $53.35, down 11.5 percent on the week, by 1435 GMT.