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Oil prices edged higher on Wednesday, supported by ongoing OPEC-led supply cuts and a surprise fall in U.S. crude  inventories, although gains were capped by strong U.S. production. Brent crude  futures were at $71.71 a barrel at 0500 GMT, up 9 cents, or 0.1 percent, from their last close and not far off Wednesday’s five-month Read more about Pandit Ji Live Updat’s On Crude Oil; Oil Rises On Tightening Supplies; Ample U.S. Output Caps Gains:[…]

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Gold Dips Amid Risk-on Trade; Low of $1,200 Seen

Bullion and gold futures sank further beneath the $1,300 level Tuesday as investors returned to a risk-on mode after encouraging Wall Street earnings, upbeat Chinese economic data and improved consumer sentiment in Germany. bullscommodity.com 8445765201 8077693824

Oil Prices Trade Lower Amid Reports that Russia Wants to End Output Restraint

ww Oil prices traded lower on Tuesday in Asia on reports that Russia wants to end the current deal on output restraint in June. Crude Oil WTI Futures slipped 0.1% to $63.34 by 1:20 AM ET (05:20 GMT), while Brent crude, the global benchmark, was down 0.2% to $71.03. Oil prices have jumped more than 30% so Read more about Oil Prices Trade Lower Amid Reports that Russia Wants to End Output Restraint[…]

Gold Prices Slip as China, U.S. Trade Talks Near Finish

Prices of the safe-haven gold fell on Tuesday in Asia amid more positive developments in the Sino-U.S. trade talks. Gold futures for June delivery, traded on the Comex division of the New York Mercantile Exchange, were down 0.2%, at $1,288.15 per ounce by 12:55 AM ET (04:55 GMT). www.bullscommodity.com 8077693824 9719333531

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