Crude oil recovered in Asia today after witnessing sustained losses yesterday The WTI Crude futures tested a low near $55.40 per barrel and edged up. The counter currently trades at $56.40 per barrel, up 0.30% on the day even as the global growth worries stayed in place. MCX Crude oil futures ended at Rs 3940 per barrel, down 1.70% on the day.
Crude oil Price
Crude Oil Futures Tumbled Today as Global Growth Worries Weighed on the Market
These data pointers pulled the WTI Crude under $56 per barrel and the counter currently trades at $55.92 per barrel, down more than 1% on the day. Markets also preferred to book profits ahead of the US EIA weekly inventories data.
MCX Crude Trading Tips – Above 4001 Target 4220—4410, Buy on Dips – Neal Bhai
MCX Crude Trading Tips – Above 4001 Target 4220—4410, Buy on Dips – Neal Bhai
U.S. crude stockpiles fell 8.6 million barrels last week, in contrast to expectations for an increase of 2.8 million barrels, government data showed.
CRUDE MCX MEGA UPDATE – Watch Closing Basis Stop Loss + Magical Level 3333 Buy Lion Heart Trader, Target 4000—4444 (HOLDING CALL)
Buy Lion Heart Trader, With Closing Basis Stop Loss (HOLDING CALL)
Crude Oil Price Holds Near $70 as Trump Dumps Iran Deal
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.
Crude Oil Price Forecast January 15, 2018
Gold Silver Reports – Crude Oil Price Forecast Report January 15, 2018 – Crude Oil markets were very volatile during the session on Friday, as we continue to see a lot of noise when it comes to not only the commodity markets, but the US dollar which has a bit of a double whammy effect.
Crude Oil Price Update – Market Set-up for Near-erm Pullback into $60.44
Gold Silver Reports – Crude Oil Price Update – Market Set-up for Near-erm Pullback into $60.44 — February West Texas Intermediate (WTI) Crude Oil futures are trading lower on Friday after hitting a 3-year high the previous-session. Traders are rolling into the March contract but the higher volume is still in the February futurescontract. We’ll pick up the March contract on Monday.