OPEC Nears Deal on Oil-Supply Boost After Saudi-Iran Talks

Crude Oil Prices

Gold Silver Reports (GSR) – Iranian Oil Minister Bijan Namdar Zanganeh said he had a good meeting with his Saudi counterpart in Vienna on Friday and he wasn’t feeling pessimistic about the possibility for a compromise — a reversal of his position on Thursday night. After a tumultuous few weeks that have whipsawed crude markets, his comments suggested oil consumers from the U.S. to India and China could soon find some relief from high prices.        

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MCX Natural Gas Above ₹ 195 Buy on Dips Sell Karna Mana Hai Hint Call By Neal Bhai

US Natural Gas Prices

Gold Silver Reports (GSR) – MCX Natural Gas Above ₹ 195 Buy on Dips Sell Karna Mana Hai Hint Call By Neal Bhai – Natural Gas on MCX settled down 0.15% at 201.4 after data showed that supplies in storage rose more than forecast last week. The U.S. Energy Information Administration said in its weekly report that natural gas storage in the U.S. rose by 91 billion cubic feet (bcf) in the week ended June 15, above forecasts for a gain of 85 bcf.

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Gold prices Slip By ₹145 Today, Silver Steady

भारत में सोने की मांग वित्त वर्ष में 5 प्रतिशत घटकर 550 टन रहने की संभावना है

Gold Silver Reports (GSR – INDIA) – Spot gold was 0.1 per cent higher at $1,268.24 an ounce by 0057 GMT. It touched its lowest since Dec. 19 at $1,260.84 on Thursday. US gold futures for August delivery were nearly unchanged at $1,270.20 per ounce.

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