MCX Crude Oil

WTI Slip on Threat of OPEC Boost, Funds Quit Crude

Gold Silver Reports (GSR) – WTI Slip on Threat of OPEC Boost – Crude Oil Prices finished with a modest loss on Thursday, a day after a big rally, as rising output from the U.S. remained a threat to efforts by other major producers to re-balance the market.      

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Oil Marketing Companies Fall Tracking Surge In Crude Price

Gold Silver Reports (GSR) – Oil Marketing Companies Fall Tracking Surge In Crude Price — Shares of the state-run oil marketing companies — Bharat Petroleum, Indian Oil and Hindustan Petroleum fell after Brent Crude moved above $70 per barrel to trade close to fresh 52-week high.             

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Crude oil

Crude Price Analysis for October 12, 2017

Gold Silver Reports – Crude Price Analysis for October 12, 2017 – Crude oil climbed further above USD 51 per barrel, as OPEC Secretary General reiterated that a rapid market rebalancing is underway, citing improved momentum in the global economy and oil-destocking over the summer.

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