Today Market Heavy Volatile Trade With Stop Loss (Small Trader Don’t Trade)
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Russia unlikely to agree to deepen oil output cuts – Citing three sources familiar with talks, Reuters on Tuesday reported that Russia was unlikely to agree to deepen additional oil output cuts at the Organization of the Petroleum Exporting Countries’ (OPEC) meeting in Vienna on December 5th.
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The WTI Crude Oil price of oil was lower again on Friday, with West Texas Intermediate crude travelling from a high of $56.75 to a low of $54.79 and ending the day down -0.80%. Prior to the cash close, WTI crude for November delivery has dropped lost 50 cents, or 0.9%, to settle at $55.91 a barrel on the New York Mercantile Exchange.
घरेलू बाजारों में ताजा स्थिति के बीच सटोरियों की लिवाली से बुधवार को वायदा कारोबार में सोने का भाव 0.03 प्रतिशत बढ़कर 31,425 रुपये प्रति 10 ग्राम हो गया।
The way in the commodity market is clear about the investment of mutual funds. SEBI has set guidelines for this. Under this, funds are allowed to invest in commodity futures. In addition, Gold ETFs have also been included as derivatives products.
White House: US, Saudi Arabia, UAE ‘Have agreed to assure that global demand is met as all Iranian oil is removed from the market’
The average production cost for a barrel of oil in Nigeria has declined to just US$23 a barrel, Petroleum Minister Emmanuel Ibe Kachikwu told local media, adding that oil companies were not stopping there and were aiming to reduce this further, to US$15 a barrel.
Crude Oil continued its torrid start to the year as bullish supply news from the world’s second-biggest producer and disruptions to refiners along the Houston Ship Channel kept futures on pace for the best first quarter since 2002.