MCX (Multi Commodity Exchange) To Launch Crude Oil Options, Metals Options Dated May 15, 2018

Multi Commodity Exchange MCX

Gold Silver Reports (GSR) – MCX (Multi Commodity Exchange) To Launch Crude Oil Options, Metals Options Dated May 15, 2018 – India is the world’s third-biggest consumer of crude oil. Crude oil futures contracts were most traded on the exchange platform in 2017/18 fiscal year ended on March 31. Two contracts expiring on June 15 and July 17 with lot size of 100 barrel will be launched next week, the exchange said.             

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Crude Oil Price Holds Near $70 as Trump Dumps Iran Deal

OIL REPORT — 1-U.S. Shale Oil Output to Hit Record High 7.9 Mln Bpd in Dec -EIA

Gold Silver Reports (GSR) – Crude Oil Price Holds Near $70 as Trump Dumps Iran Deal — The U.S. benchmark crude surged above $70 a barrel to start the week as traders speculated on Trump’s next move against the Islamic Republic. The U.S. will be working with its allies to “find a real, comprehensive and lasting solution to the Iranian threat,” Secretary of State Mike Pompeo said in an emailed statement.

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Iran Decision: What’s at Stake for Global Oil Market?

Gold Silver Reports (GSR) – Iran Decision: What’s at Stake for Global Oil Market? – He could still surprise the world by agreeing to stay in the accord as diplomats try to negotiate side agreements to address his concerns, but foreign leaders and analysts say the president is likely to exit. That could result in renewed sanctions on the third-largest crude producer in the Organization of Petroleum Exporting Countries.                

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Donald Trump Has Decided to Exit Iran Nuclear Deal News By Neal Bhai MFA Technical Analyst

Trump, Putin teams complete Ukraine talks, summit date yet to be set

Gold Silver Reports (GSR) – Donald Trump Has Decided to Exit Iran Nuclear Deal News By Neal Bhai MFA Technical Analyst – Trump plans to announce he will reimpose all U.S. sanctions that were waived under the terms of the 2015 nuclear agreement and impose new penalties on the Islamic Republic, according to The New York Times. The paper cited a person briefed on a call between Trump and French President Emmanuel Macron that it didn’t identify.

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