TOKYO/SINGAPORE, Aug 21, 01:20pm – Crude oil prices extended gains on Thursday, bolstered by signs of strong demand in the U.S., with uncertainty over efforts to end the war in Ukraine also lending support.
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MCX Crude Oil Achived all Target 7270 to 7420 | Crudeoil Neal Bhai Tips
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IEA says oil producers may struggle to gauge demand amid second wave
Oil producers – Global oil stocks which rose during the height of the pandemic are being steadily reduced, the International Energy Agency (IEA) said on Wednesday, but a second wave is slowing demand and will complicate efforts by producers to balance the market.
MCX Crude Oil Future Price above 2820, Targets Price 3220—3440—3880++ Neal Bhai Reports
MCX Crude Oil Future Price above 2820, Targets Price 3220—3440—3880++ Neal Bhai Reports
Crude Tips Provider – Sell Below $35 and Sleep For Target $25 – Neal Bhai Reports
Crude Tips Provider – Sell Below $35 and Sleep For Target $25 – Neal Bhai Reports
MCX Crude Hit 1st Target 4310 2nd Target 4440 – Enjoy or Not – Neal Bhai Reports
Crude Oil on MCX settled up 0.73% at 4272 as investors cheered progress in resolving the U.S.-China trade dispute and a decisive general election result in Britain. Prices seen supported by efforts by the Organization of the Petroleum Exporting Countries (OPEC) and allies including Russia to cut production.
Crude Oil prices Slip as Trade War Concerns Haunt Market
Crude Oil prices slipped for a second straight day on Tuesday as a slowing global demand outlook outweighed OPEC’s deal with associated producers last week to deepen output cuts in 2020.