MCX Crude Target Today: Crude Oil yesterday settled down by 5.45% at 4233 on concerns that new pandemic curbs and slow vaccine rollouts in Europe will slow recovery in fuel demand and as producers cut prices, indicating ample oil supply.
ENERGY MARKET TIPS
Crude Oil Plummets to 17-Year Low as Broken Market Drowns in Crude
Crude Oil slumped to a 17-year low as coronavirus lock-downs cascaded through the worldslargest economies, leaving themarket overwhelmed by crateringdemand and a ballooning surplus of crude.
U.S. Crude Oil Production to Grow by More Than 1 Million bpd in 2020
Fund manager Paulson & Co. Inc, a shareholder of Callon Petroleum, is dropping its opposition to a merger between Callon and Carrizo Oil & Gas that could be the start of consolidation among smaller shale players after the massive Occidental-Anadarko deal.
MCX Crude Tips Rocking – 4030 TO 4104 Enjoy – Boom Boom – Neal Bhai – 9899900589
MCX Crude Tips Rocking – 4030 TO 4104 Enjoy – Boom Boom – Neal Bhai – 9899900589
Natural Gas MCX CMP 161.00 Buy 100—500 Lots, Big Target – Neal Bhai Reports
Gold Silver Reports (GSR) – MCX Natural Gas settled flat on projections for only minor changes to previous forecasts for demand to rise over the next two weeks as the weather heats up for the summer.
Crude Oil Markets Forecast – Below $52 Sell 500 – 1000 Lots And Relaxx – Neal Bhai Reports
Crude Oil Markets Forecast – Below $52 Sell 500 – 1000 Lots And Relaxx – Neal Bhai Reports
Crude Oil Prices plunge over 5% to $67 as US-China trade tensions intensify
Gold Silver Reports (GSR) – Crude Oil prices slumped more than 5 per cent on Thursday on growing trade tensions, which have deepened over the US blackballing Chinese telecom giant Huawei.