Crude Oil

Crude Oil Outlook 14 Feb 2019

Gold Silver Reports (GSR) – We expect oil prices to trade higher today as the OPEC supply cut and cut in Venezuela exports on account of sanctions coupled with progress in the US-China trade relation.


Crude Oil Prices

Crude Oil Under Selling Zone Resistance Level @ 3888

Gold Silver Reports (GSR) – Crude Oil on MCX settled down -3.28% at 3749 as signs of a spreading global economic slowdown stoked concerns over future fuel demand. China’s state planner warned that the downward pressure on the economy will affect China’s job market as falling factory orders point to a further drop in activity in coming months and more job shedding.