MCX Crude Updates – Watch High ₹4137 Blast or Not – I Told You Buy and So Jaao Neal Bhai Reports MCX Crude Update And Tips : MCX Crude Tips – Watch 3949 Level, Above we See Target 4160 (Trade With Small Lots) MCX CRUDE BOLE BOOM BOOM Watch 4020 To …
सऊदी अरब दिसंबर से तेल एक्सपोर्ट में 5 लाख बैरल प्रति दिन की कटौती करेगा। लिहाजा सप्लाई घटने की खबरों से क्रूड कीमतों में रिकवरी देखने को मिली है। उत्पादन घटाने पर ओपेक देश और रूस सहमत हो गए हैं। माना जा रहा है कि अगले साल से उत्पादन घट सकता है। फिलहाल ब्रेंट क्रूड 1 फीसदी की उछाल के साथ 70.9 डॉलर पर कारोबार कर रहा है। वहीं नायमैक्स पर डब्ल्यूटीआई क्रूड 0.8 फीसदी की तेजी के साथ 60.7 डॉलर पर कारोबार कर रहा है।
Brent crude oil futures LCOc1 were down 34 cents at $77.28 a barrel at 1005 GMT, while U.S. crude futures CLc1 fell by 30 cents to $67.29.
U.S. West Texas Intermediate crude ended this week down 2.2 percent and has now tumbled about 12 percent from its recent high of $86.74 on Oct. 3. Brent crude, the international benchmark for oil prices, fell 2.7 percent this week and is down 10.5 percent from its Oct. 3 high of $86.74.
The United States from November will target Iran’s oil exports with sanctions, and Washington is putting pressure on governments and companies around the world to fall in line and cut purchases from Tehran.
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.
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.
Crude Oil Blast or Not Watch High 5100 Boom Boom Yaad Hai Mera Ultimate Target 5600 Seller Saaf – Neal Bhai
Watch Crude Oil Tips : Crude MCX Tips Above 4910 Buy 100—200—500 Lots and So Jaao Target Open – Neal Bhai Reports
Crude Oil Ultimate Target : Will Crude Come ₹ 5600 Near Terms ??? – Neal Bhai
Technical Power of CFA’s
(CHARTRED FINANCE ANALYST)
Crude oil settled flat as signs of tightening U.S. output were offset by a stronger dollar and fears rising U.S.-China trade tensions could hamper oil demand. Oilfield services firm Baker Hughes reported that the number of U.S. oil drilling rigs in operation fell by 2 to 860.
Technical Power of CFA’s
(CHARTRED FINANCE ANALYST)