Gold Silver Reports ~ Crude oil on MCX settled down -2.7% at 2562 dropped sharply ahead of the Eia’s weekly inventory report,
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Crude Oil Rates Steadied on Thursday, Paring losses
Gold Silver Reports ~ Crude Oil Rates steadied on Thursday, paring losses after a renewed drop in U.S. oil rigs, but analysts and traders said there could be another selloff in the coming week if U.S. crude stockpiles hit record highs again.
The Economy and Direction of Monetary Policy
Gold Silver Reports ~ U.S. stocks declined in thin trading as commodity shares followed crude prices lower, while investors awaited further clues on the economy and direction of monetary policy.
Crude Oil Slip Weighs on Commodity Currencies
Gold Silver Reports ~ Crude oil fell, extending declines below $40 a barrel as the dollar reasserted itself following last week’s selloff and data showed the first increase this year in the number of U.S. rigs. Australian stocks swung between gains and losses.
Crude Declines for 2nd Day as U.S. Drillers Add
Gold Silver Reports ~ Crude Oil fell for a 2nd day, extending declines from a three-month high, as a rebound in U.S. drilling adds to signs producers will keep pumping crude amid a global glut.
Crude Slip on Friday After The U.S Oil Rig Count Rose
Gold Silver Reports ~ Crude prices settled lower on Friday after the U.S oil rig count rose for the first time since December, renewing worries of a supply glut after an output freeze plan helped boost the market to 2016 highs and multi-week gains.
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