Gold Silver Reports ~ Today was repeat of yesterday’s session in that markets sold off most of the day but managed a better recovery during the last hour by closing only slightly below the unchanged line. Apparently the bulls are still alive and putting up a fight during these tug-of-war sessions.
crude oil
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Crude Oil Slip 8 Percent, Global Demand Reports
Gold Silver Reports ~ Crude Oil prices slid for a fourth straight session on Tuesday and teetered close to 12-1/2-year lows hit last month, after weak demand forecasts from the U.S. government and the western world’s energy watchdog, while weak equities also pressured prices.
Crude Oil Rates Supply Overhang Concerns
Gold Silver Reports ~ Crude Oil rates plunged steeply on Monday as supply overhang concerns grew after a Saudi-Venezuela meeting at the weekend showed few signs of coordination to boost prices.
Crude Oil and Natural Gas Losing Money
Gold Silver Reports ~ In today’s tough price environment where most oil and gas juniors are losing money, a strong balance sheet is the key to survival, says Brian Bagnell.
Crude Oil Slip as Asia Economies Slow
Gold Silver Reports ~ Crude Oil prices fell in early trading on Monday after South Korea posted its weakest export data since 2009 and the prospect of a coordinated production cut by leading crude exporters seemed remote.
Government May Look at Reimposing 5% Customs Duty on Crude Oil
Gold Silver Reports ~ With international oil prices slumping to 12-year low, the government may look at reimposing 5% customs duty on crude oil imports to shore up revenue by close to Rs 18,000 crore.
Crude MCX Above 2303 Watch Boom Boom
Crude MCX CMP: 2254 level.