सऊदी अरब दिसंबर से तेल एक्सपोर्ट में 5 लाख बैरल प्रति दिन की कटौती करेगा। लिहाजा सप्लाई घटने की खबरों से क्रूड कीमतों में रिकवरी देखने को मिली है। उत्पादन घटाने पर ओपेक देश और रूस सहमत हो गए हैं। माना जा रहा है कि अगले साल से उत्पादन घट सकता है। फिलहाल ब्रेंट क्रूड 1 फीसदी की उछाल के साथ 70.9 डॉलर पर कारोबार कर रहा है। वहीं नायमैक्स पर डब्ल्यूटीआई क्रूड 0.8 फीसदी की तेजी के साथ 60.7 डॉलर पर कारोबार कर रहा है।
Mcx Crude Tips
MCX Crude Oil Tips – Strong Support @4802 – Neal Bhai Reports
Crude Oil on MCX settled down -1.33% at 4890 as concerns over the outlook for global demand amid simmering trade tensions, coupled with increasing supply and rising inventories, pummeled the outlook for crude.
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.
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.
MCX Crude Alert : I Told You Lots of Time Crude Ultimate Target ₹5600, Watch High 5302 – Neal Bhai Reports
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.