Oil Prices Rise on Trade Deal Hopes; API Reports Surprise Increase in Crude Stocks; By- Commoditypandit.com:

Oil prices rose on Thursday in Asia amid some positive trade news that suggested the U.S. and China would be able to reach a deal by the early March deadline. Citing sources familiar with negotiations, Reuters reported that U.S. and China have begun to outline a deal to end their trade dispute. “The broad outline Read more about Oil Prices Rise on Trade Deal Hopes; API Reports Surprise Increase in Crude Stocks; By- Commoditypandit.com:[…]

TODAY PANDIT JI DATA IN MCX:

1: Durable Goods Orders At 7:30 Pm 2: Durable Goods Orders Ex Transportation At 7:30 Pm 3: Initial Jobless Claims At 7:30 Pm 4: Philadelphia Fed Survey At 7:30 Pm 5: Preliminary Manufacturing PMI At 8:45 Pm 6: Preliminary PMI Services At 8:45 Pm 7: Existing Home Sales At 9:00 Pm 8: Leading Indicators At 9:00 Pm 9: Natural Gas Stocks (bln c. f.) Read more about TODAY PANDIT JI DATA IN MCX:[…]

Oil Prices Mixed; Brent Retreats from Three-Months High; By Commoditypandit.com:

Oil prices were mixed on Wednesday in Asia, with the international Brent oil futures retreating from a three-month high as traders await more news on the Sino-U.S. trade front. U.S. Crude Oil WTI Futures gained 0.1% to $56.51 by 01:00 AM ET (06:00 GMT). International Brent Oil Futures was down 0.1% to $66.38. It hit Read more about Oil Prices Mixed; Brent Retreats from Three-Months High; By Commoditypandit.com:[…]

Oil Prices Mixed as Investors Await More Trade News; By- Commoditypandit.com:

Oil prices were mixed on Tuesday in Asia as traders await more trade news ahead of a new round of Sino-U.S. discussions later this week. U.S. Crude Oil WTI Futures was up 0.4% at $56.22 by 12:52 AM ET (05:52 GMT). International Brent Oil Futures traded 0.3% lower at $66.28. On Monday, oil prices hit their Read more about Oil Prices Mixed as Investors Await More Trade News; By- Commoditypandit.com:[…]

Oil Prices Rise on Trade Optimism; Production Cuts, U.S. Sanctions Also Supportive; By- Commoditypandit.com:

Oil prices gained on Tuesday in Asia following positive comments on trade by the administration of President Donald Trump and the president himself. The U.S. Crude Oil WTI Futures were trading at $51.66 per barrel at 1:19 AM EST (6:19 AM GMT), up 0.5%. International Brent Oil Futures were also up 0.5%, at $61.84 per barrel. On Read more about Oil Prices Rise on Trade Optimism; Production Cuts, U.S. Sanctions Also Supportive; By- Commoditypandit.com:[…]

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Oil falls on economic slowdown, but OPEC output cuts offer some support; By- Commoditypandit.com:

Oil markets fell on Friday, pulled down by an economic slowdown, although supply cuts led by producer club OPEC and U.S. sanctions against Venezuela provided crude with some support. U.S. West Texas Intermediate (WTI) crude futures stood at $52.20 per barrel by 0351 GMT, down 44 cents, or 0.8 percent, from their last settlement. WTI Read more about Oil falls on economic slowdown, but OPEC output cuts offer some support; By- Commoditypandit.com:[…]

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