OPEC Reaches Deal to Raise Oil Output From July Onward – OPEC Is Said to Have Deal in Principle With Iran for Output Hike – West Texas Intermediate (WTI), futures on NYMEX, finds a temporary support near $62.00 during Wednesday’s Asian session after sliding almost 4.40% in last two trading days. The Oil price gets a provisional relief after the OPEC+ denied speculation regarding the announcement of a multi-fold hike in Oil production in its upcoming meeting on Sunday.
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Crude Oil at $100 Is a Possibility Next Coming Year, Bank of America Says
Gold Silver Reports (GSR) – Crude Oil at $100 Is a Possibility Next Coming Year, Bank of America Says – Crude Oil prices could rally to $100 a barrel next year, a level not seen since 2014, as supply risks in Venezuela and Iran strain global markets, according to Bank of America Corp.
Crude Made Double Top $70.60 Cross or Close Above Ready For Big ThunderStorm
Crude Made Double Top $70.60 Cross or Close Above Ready For Big ThunderStorm, Will It Cross or 1st Take Resistance or Melt Down And WTI rises …
CrudeOil MCX Sell on Rise, Downside Target 3960—3890
Gold Silver Reports – CrudeOil MCX Sell on Rise, Downside Target 3960—3890 — Technically Crude Oil market is under fresh selling as market has witnessed gain in open interest by 77.33% to settled at 15690.
Crude Oil MCX Buy on Dips, Buy Between 3710—3680 Resistance Key 3777
Gold Silver Reports – Crude Oil MCX Buy on Dips, Buy Between 3710—3680 Resistance Key 3777 — Technically Crude Oil market is under fresh buying as market has witnessed gain in open interest by 3.44% to settled at 14513 while prices up 5 rupees.