Commodities Weekly Research Report
Dated: 15-10-2018 To 19-10-2018
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Dated: 15-10-2018 To 19-10-2018
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Dated: 08-10-2018 To 12-10-2018
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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.
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.
Crude Oil prices rose as traders cheered signs of tightening U.S. output, though sentiment was soured by a report suggesting major oil producers were ready to discuss plans to ramp up output. Investors bet that the Organization of the Petroleum Exporting Countries will be unable to compensate fully for the loss of oil from Iran, OPEC’s third-biggest producer.
Crude Oil Blast or Not Watch High 5100 Boom Boom Yaad Hai Mera Ultimate Target 5600 Seller Saaf – Neal Bhai
Watch Crude Oil Tips : Crude MCX Tips Above 4910 Buy 100—200—500 Lots and So Jaao Target Open – Neal Bhai Reports
Crude Oil Ultimate Target : Will Crude Come ₹ 5600 Near Terms ??? – Neal Bhai
Technical Power of CFA’s
(CHARTRED FINANCE ANALYST)