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.

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MCX Silver Trading Tips – Below 39555 Level Sell on Rise

European Central Bank President Mario Draghi warned on downbeat economic growth. “The risks surrounding the euro area growth outlook have moved to the downside on account of the persistence of uncertainties,” Draghi told, citing trade and geopolitical threats and emerging market volatility.

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Copper price below $10,000 for the 1st time in a month on demand concerns

MCX Copper Trading Zone 407—418 Any Panic Buy

Copper on MCX settled up 0.04% at 409.75 after the biggest rise in three months in the previous session on investor hopes that Chinese measures to boost lending would be followed by progress in trade talks with the United States.

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