Crude Oil MCX

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.

READ MORE…

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.

READ MORE…

Crude Oil Blast or Not Watch High 5100 Boom Boom Yaad Hai Mera Ultimate Target 5600 Seller Saaf – Neal Bhai

Crude Oil Blast or Not Watch High 5100 Boom Boom Yaad Hai Mera Ultimate Target 5600 Seller Saaf – Neal Bhai

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)

READ MORE…

MCX Crude Stop Loss Hit 4933 Crude Call Closed – Neal Bhai Reports

MCX Crude Stop Loss Hit 4933 Crude Call Closed – Neal Bhai Reports

The recent gains in WTI and Brent were a treat for investors and a boon for oil bulls. The original catalyst for this most recent rally was a bullish inventory report, with the EIA announcing that inventories at Cushing, Oklahoma, had declined by 5.8 million barrels. A larger than expected drop of 600,000 bpd in Iranian exports helped to drive prices higher still. Finally, the maiden speech of the Fed’s new chairman, Jay Powell, served to weaken the dollar and send oil prices upwards once again.

READ MORE…