MCX Crude Archives

Brent Crude Price Rises To $80 For First Time In Nearly 4 Years

May 17, 2018 8:09 PM by Neal Bhai

Gold Silver Reports (GSR) – Brent Crude Rises To $80 For First Time In Nearly 4 Years – Brent Crude rose to $80 per barrel, its highest level since Nov. 2014.

Crude Oil at $100 Is a Possibility Next Coming Year, Bank of America Says

May 11, 2018 8:05 AM by Neal Bhai

Gold Silver Reports (GSR) – Crude Oil at $100 Is a Possibility Next Coming Year, Bank of America Says – Crude Oil prices could rally to $100 a barrel next year, a level not seen since 2014, as supply risks in Venezuela and Iran strain global markets, according to Bank of America Corp.

OIL REPORT — 1-U.S. Shale Oil Output to Hit Record High 7.9 Mln Bpd in Dec -EIA

Crude Oil Price Holds Near $70 as Trump Dumps Iran Deal

May 9, 2018 7:25 AM by Neal Bhai

Gold Silver Reports (GSR) – Crude Oil Price Holds Near $70 as Trump Dumps Iran Deal — The U.S. benchmark crude surged above $70 a barrel to start the week as traders speculated on Trump’s next move against the Islamic Republic. The U.S. will be working with its allies to “find a real, comprehensive and lasting solution to the Iranian threat,” Secretary of State Mike Pompeo said in an emailed statement.

Iran Decision: What’s at Stake for Global Oil Market?

May 9, 2018 5:17 AM by Neal Bhai

Gold Silver Reports (GSR) – Iran Decision: What’s at Stake for Global Oil Market? – He could still surprise the world by agreeing to stay in the accord as diplomats try to negotiate side agreements to address his concerns, but foreign leaders and analysts say the president is likely to exit. That could result in renewed sanctions on the third-largest crude producer in the Organization of Petroleum Exporting Countries.

LIVE: Trump Announces Decision on Iran Nuclear Deal

May 8, 2018 11:58 PM by Neal Bhai

Red Alert : – Trump Announces Decision on Iran Nuclear Deal

Trump, Putin teams complete Ukraine talks, summit date yet to be set

Donald Trump Has Decided to Exit Iran Nuclear Deal News By Neal Bhai MFA Technical Analyst

May 8, 2018 11:42 PM by Neal Bhai

Gold Silver Reports (GSR) – Donald Trump Has Decided to Exit Iran Nuclear Deal News By Neal Bhai MFA Technical Analyst – Trump plans to announce he will reimpose all U.S. sanctions that were waived under the terms of the 2015 nuclear agreement and impose new penalties on the Islamic Republic, according to The New York Times. The paper cited a person briefed on a call between Trump and French President Emmanuel Macron that it didn’t identify.

Crude Oil Slip Before Iran Decision News By Neal Bhai MFA Technical Analyst

May 8, 2018 11:19 PM by Neal Bhai

Gold Silver Reports (GSR) – Crude Oil Slip Before Iran Decision News By Neal Bhai MFA Technical Analyst — U.S. stocks slumped as utility and telecom shares fell. West Texas crude sank as much as 4.4 percent before paring the loss as a U.S. official said Trump would quit the accord. The greenback strengthened for a third day. Ten-year Treasury yields approached 3 percent after JPMorgan Chase & Co. Chief Executive Officer Jamie Dimon warned a climb to 4 percent may be coming.

Crude Oil Slips Below $70, Dollar Flat

May 8, 2018 9:21 AM by Neal Bhai

Gold Silver Reports (GSR) – Crude Oil Slips Below $70, Dollar Flat – Asian stocks climbed Tuesday, extending a gradual recovery after declines in recent weeks stoked by concerns about the vulnerabilities of emerging-markets in the face of higher U.S. yields, a stronger dollar and costlier energy prices.

Watch Inverse Head And Shoulders Pattern, Monthly Chart Complete Near 4800 There After Sustain $70 – MCX 4860, Crude Oil Ready Big Thunder Storm

May 7, 2018 10:27 AM by Neal Bhai

Watch Inverse Head And Shoulders Pattern, Monthly Chart Complete Near 4800 There After Sustain $70 – MCX 4860, Crude Oil Ready Big Thunder Storm LET SEE WHERE LEVEL SELLERS WILL SURVIVE NEAL BHAI 9899900589 AND 9582247600

Iran Opposes Higher Oil Prices, Signaling Divide With Saudis

Last Updated On May 7, 2018 7:01 AM by Neal Bhai

Gold Silver Reports (GSR) – Iran Opposes Higher Oil Prices, Signaling Divide With Saudis — Brent crude futures surged to almost $75 a barrel on Friday as traders braced for the possible re-imposition of U.S. restrictions on Iran. The Persian Gulf country’s regional arch-rival Saudi Arabia is said to want crude closer to $80 a barrel, in part to support a stake sale in state energy giant Aramco. The OPEC nations continue to clash in proxy conflicts from Syria to Yemen.