GSR (Gold Silver Reports) — U.S. President Donald Trump last week demanded that OPEC raise production to prevent further price rises ahead of key congressional elections in early November.
Oil and Gas
Natural Gas Tips Update — Watch High 226.30 Boom Boom Neal Bhai Again Hit
Natural Gas Tips Update — Watch High 226.30 Boom Boom Neal Bhai Again Hit
Read More : MCX Natural Gas Alert – Above 215 Buy on Dips Target 227—232 – Neal Bhai Reports
What Would Happen To USD If Oil Hits $100 A Barrel?
Technical Perspective
The main focus is now on a retest of the year to date high (and 2011 low) around 75.15. Above here and the next technical resistance level will be the 61.8% retracement from 2014 highs around 79.51. To the downside, support is seen along the bullish channel base which, while intact, keeps focus on the further upside.
PM Modi Discussions With Global Oil and Gas Experts
Gold Silver Reports – Indian PM Modi discussions with global oil and gas experts to see how India can improve its prospects in the sector. Modi stressed on his vision for a fresh look at the sector, to bring in investment, technological upgradation, and development of human resource.