Crude Oil on MCX settled up 0.12% at 4109 supported by expected supply cuts from OPEC but held back by record U.S. production.
Crude Oil Tips
MCX Crude Updates – Watch High ₹4137 Blast or Not – I Told You Buy and So Jaao Neal Bhai Reports
MCX Crude Updates – Watch High ₹4137 Blast or Not – I Told You Buy and So Jaao Neal Bhai Reports
MCX Crude Tips – Watch 3949 Level, Above we See Target 4160 (Trade With Small Lots)
MCX Crude Tips – Watch 3949 Level, Above we See Target 4160 (Trade With Small Lots)
Commodites Bulls Versus Bears – Gold Silver Reports
Commodity Sentiment is improving in the gold market as global equity turmoil and geopolitical tension in the Middle East fuel haven demand. About 69 percent of traders and analysts were bullish on the metal, the most since April.
Crude Oil Imports may be Cut as Price Forecast Put at $100 a Barrel
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.