With Brent crude already jumping to an almost four-year high on Monday, that’s exactly the kind of price surge President Donald Trump has been seeking to prevent by pressuring the Organization of Petroleum Exporting Countries to raise production. Yet the cartel and its allies gave mixed signals at a meeting in Algiers on Sunday, ultimately showing little sign they would heed U.S. demands to rapidly push down crude prices.
Bank Nifty Storng Support – Above 24444 Buy and Relaxx
Bank Nifty Storng Support – Above 24444 Buy and Relaxx
MCX Crude Alert : I Told You Lots of Time Crude Ultimate Target ₹5600, Watch High 5302 – Neal Bhai Reports
Crude Oil prices rose as traders cheered signs of tightening U.S. output, though sentiment was soured by a report suggesting major oil producers were ready to discuss plans to ramp up output. Investors bet that the Organization of the Petroleum Exporting Countries will be unable to compensate fully for the loss of oil from Iran, OPEC’s third-biggest producer.
Technical Report – Nifty Crucial Storng Support ₹ 11,000 – Nifty’s Next Move – Neal Bhai
Gold Silver Reports — The index slip down around 480 points from its high of ₹ 11,346 to ₹ 10,866 and formed a Strong Bearish Candle on daily chart.