CRUDE OIL NEWS UPDATE BY WWW.TRADEMAXINDIA.COM

Fresh tensions arising out of the Middle East and falling US Crude inventory levels might support Crude prices. On the MCX, oil prices are expected to trade lower today; international markets are trading higher by 0.33 percent at $56.96 per barrel. CONTACT US FOR MORE UPDATES–8218995526 / 9084844775. www.trademaxindia.com

CRUDE OIL NEWS BY WWW.TRADEMAXINDIA.COM [8218995526]

Brent crude (LCOc1) futures rose 12 cents, or 0.19%, to $63.38 a barrel by 0542 GMT. The international benchmark rose more than 1% in the previous session, following Iran’s seizure of a British tanker last week that stoked fears of supply disruptions from the energy-rich Gulf. CONTACT US FOR MORE UPDATE—-8218995526 / 9084844775 www.trademaxindia.com

IMPORTANT NEWS BY WWW.TRADEMAXINDIA.COM

South Korea’s won led gains in Asian currencies even after its central bank lowered interest rates. That left the country joining Malaysia, India and the Philippines in cutting rates, while a monetary policy decision in Indonesia later Thursday will be closely watched. Also due are earnings from China Evergrande. Meantime, investors in Asia largely took Read more about IMPORTANT NEWS BY WWW.TRADEMAXINDIA.COM[…]

CRUDE OIL NEWS UPDATE BY WWW.TRADEMAXINDIA.COM

The news sent oil prices lower by as much as 3%, before rebounding today. In other news, the American Petroleum Institute reported that crude inventories fell by 1.4 million barrels in the week to July 12 to 460 million, compared with analysts’ expectations for a decrease of 2.7 million barrels. contact us for more update–8218995526 Read more about CRUDE OIL NEWS UPDATE BY WWW.TRADEMAXINDIA.COM[…]

CRUDE OIL NEWS UPDATE BY WWW.TRADEMAXINDIA.COM

Barry has now weakened back to a tropical depression overnight. Producers has now restored 74% of their output that was shut at U.S. Gulf of Mexico, Reuters reported, adding that concerns about oversupply have also returned.   contact us for more update-9084844778 /8218995526. www.trademaxindia.com

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