White House: US, Saudi Arabia, UAE ‘Have agreed to assure that global demand is met as all Iranian oil is removed from the market’
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Crude MCX Above 4410 Looking Hot Hot, Only Buy
Nigeria Boasts Oil Production Cost of $23 Per Barrel
The average production cost for a barrel of oil in Nigeria has declined to just US$23 a barrel, Petroleum Minister Emmanuel Ibe Kachikwu told local media, adding that oil companies were not stopping there and were aiming to reduce this further, to US$15 a barrel.
Crude Oil Heads for Best First Quarter in 17 Years on Supply Forecast
Crude Oil continued its torrid start to the year as bullish supply news from the world’s second-biggest producer and disruptions to refiners along the Houston Ship Channel kept futures on pace for the best first quarter since 2002.
Long Term MCX Natural Gas Target 212—224—254 Buy on Dips
Long Term MCX Natural Gas Target 212—224—254 Buy on Dips
Natural Gas on MCX settled down 1.82% at 194.1 on forecasts for moderating weather and declining heating demand over the next two weeks.
Commodities Weekly Technical Research Report 18 — 22 March 2019
Commodities Weekly Research Report
MCX Weekly Forecast : 11 March To 15 March 2019
MCX Crude Oil Tips Above 3900 Target 4080—4140—4220
MCX Crude Oil Tips Above 3900 Target 4080—4140—4220
MCX Crude Oil settled down 3.75% at 3932 after US President Trump said oil prices are “too high”. The comment that urges OPEC to lower the cost of crude put pressure on the Saudi-led group to soften its price-boosting output cuts.
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.