Commodity Sentiment is improving in the gold market as global equity turmoil and geopolitical tension in the Middle East fuel haven demand. About 69 percent of traders and analysts were bullish on the metal, the most since April.
Crude Profit Call
Crude Oil Slip as Economic Outlook Report
Brent crude oil futures LCOc1 were down 34 cents at $77.28 a barrel at 1005 GMT, while U.S. crude futures CLc1 fell by 30 cents to $67.29.
US Crude Tumbles 12% From High as Oil Bulls Retreat
U.S. West Texas Intermediate crude ended this week down 2.2 percent and has now tumbled about 12 percent from its recent high of $86.74 on Oct. 3. Brent crude, the international benchmark for oil prices, fell 2.7 percent this week and is down 10.5 percent from its Oct. 3 high of $86.74.
Commodities Weekly Forecast 15-10-18 To 19-10-18 – Neal Bhai Reports
Commodities Weekly Research Report
Dated: 15-10-2018 To 19-10-2018
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Commodities Weekly Forecast 08-10-18 To 12-10-18 – Neal Bhai Reports
Commodities Weekly Research Report
Dated: 08-10-2018 To 12-10-2018
Happy Diwali 2018 : Big Offer Start, Just Rs. 31,000 – Diwali 2018 to Diwali 2019 – 1 Year Subscription, All Segment Covered – MCX, NCDEX, NIfty & Equity
MCX Crude Oil Alert – Strong Support @ 5140, Under Buying Zone Buy on Dips
The United States from November will target Iran’s oil exports with sanctions, and Washington is putting pressure on governments and companies around the world to fall in line and cut purchases from Tehran.
Crude Oil Imports may be Cut as Price Forecast Put at $100 a Barrel
With Brent crude already jumping to an almost four-year high on Monday, that’s exactly the kind of price surge President Donald Trump has been seeking to prevent by pressuring the Organization of Petroleum Exporting Countries to raise production. Yet the cartel and its allies gave mixed signals at a meeting in Algiers on Sunday, ultimately showing little sign they would heed U.S. demands to rapidly push down crude prices.