GOLD = 33687 SILVER = 40251 CRUDEOIL = 4009 COPPER = 447.10 LEAD = 144.00 ZINC = 189.95 NATURALGAS = 189.20 ALUMINIUM = 131.45 For More News and Updates Stay Connected: http://www.commoditypandit.com https://api.whatsapp.com/send?phone=919557530026
Oil hits 2019 highs on OPEC cuts, Saudi field outage Brent crude oil prices hit 2019 highs above $65 per barrel on Friday, spurred by OPEC-led supply cuts and a partial shutdown of Saudi Arabia’s biggest offshore oil field. Brent rose as high as $65.10, pushing past the $65 mark for the first time this year, Read more about CRUDE OIL NEWS UPDATE ( www.trademaxindia.com ) call@ 8218995526 , 8077693966[…]
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Oil Prices Fall 1% as U.S. Drilling Activity Picks Up; Trade Talks in Focus Oil prices traded lower on Monday in Asia after a report showing that drilling activity in the U.S. rose last week and as concerns over global trade continued to weigh. Energy companies added seven oil rigs in the week to Feb. Read more about CRUDE OIL NEWS UPDATE ( www.trademaxindia.com ) call@8218995526 , 8077693966[…]
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http://www.powercommodity.com For More Updates Call/Whatsapp @9719333920 Oil prices traded lower on Monday in Asia after Baker Hughes said in a weekly report last Friday that energy firm increased the number of operating oil rigs. Companies added seven oil rigs in the week to Feb. 8, bringing the total count to 854, Baker Hughes reported. Oil futures Read more about Oil Prices Fall 1% as U.S. Drilling Activity Picks Up; Trade Talks in Focus (POWERCOMMODITY.COM)[…]
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Gold Prices Slip; Still Hovers Above $1,310 on Global Growth and Trade Concerns Gold prices slipped on Monday in Asia as the U.S. dollar edged up. The precious metal remained above $1,310 as concerns on global growth slowdown and increasing uncertainties surrounding the Sino-U.S. trade war continued to dent investors’ risk appetite. Gold futures last traded Read more about GOLD NEWS UPDATE ( www.trademaxindia.com) call@ 8218995526, 8077693966[…]
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Oil prices slip on economy fears, but OPEC cuts provide backstop Oil markets fell on Friday, pulled down by worries over a global economic slowdown, although OPEC-led supply cuts and U.S. sanctions against Venezuela provided crude with some support. U.S. West Texas Intermediate (WTI) crude futures stood at $52.17 per barrel by 0755 GMT, down Read more about CRUDE OIL NEWS UPDATE ( www.trademaxindia.com ) call@ 8218995526 , 8077693966[…]
Oil falls on economic slowdown, but OPEC output cuts offer some support 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 Read more about CRUDE OIL NEWS UPDATE (www.trademaxindia.com ) call@ 8218995526 , 8077693966[…]
Gold recovers a major part of early lost ground to over 1-week lows • The USD climbs to two-week tops and keeps exerting downward pressure. • US-China trade optimism further dampens the metal’s safe-haven demand. • Worries over slowing global economic growth might help limit deeper losses. Gold held on to its weaker tone through the Read more about GOLD NEWS UPDATE (www.trademaxindia.com ) call@ 8218995526 , 8077693966[…]
OPEC’s Oil Exports to U.S. Fall to Five-Year Low in January Less foreign oil is reaching American shores, as OPEC production cuts kick in and U.S. sanctions on Venezuela curb its exports. Crude shipments to the U.S. from OPEC and its partners fell to 1.41 million barrels a day in January, the lowest in five years, Read more about CRUDE OIL NEWS UPDATE ( www.trademaxindia.com ) call@ 8218995526 , 8077693966[…]
Oil lower ahead of EIA inventory report US futures are a little lower ahead of the open as we head into the quieter period of the week, following Donald Trump’s State of the Union Address a day earlier. Trump’s speech on Tuesday wasn’t much of a market mover, more a reminder of the President’s priorities Read more about CRUDE OIL NEWS UPDATE ( www.trademaxindia.com ) call@ 8218995526, 8218997961[…]
Gold Technical Analysis: Path of least resistance is on the upside, sustained move beyond 100-hour SMA awaited • The precious metal extended its sideways consolidative price action and remained capped below 100-hour SMA for the third consecutive session. • Technical indicators on hourly charts have just started gaining positive momentum, albeit modestly, and maintained their bullish bias Read more about GOLD NEWS UPDATE ( www.trademaxindia.com) call@ 8218995526 ,8218997961[…]
Gold Prices Eye Key Chart Support, Crude Oil Drops Before EIA Data GOLD & CRUDE OIL TALKING POINTS: Gold prices stall as prices begin to test near-term trend support Crude oil prices drop, producing a bearish technical formation EIA inventory flow data headlines otherwise lackluster calendar Gold prices managed a modest upswing yesterday. The benchmark for non-interest-bearing assets Read more about Default title[…]
Oil ticks higher, market eyes U.S. State of the Union address Oil prices edged higher for the first time in three sessions on Wednesday, although concerns over the outlook for the global economy capped gains. U.S. West Texas Intermediate (WTI) crude futures were at $53.74 per barrel at 0153 GMT, up 8 cents from their Read more about CRUDE OIL NEWS UPDATE ( www.trademaxindia.com ) call@8218995526 , 8218997961[…]
Gold looking promising – TDS According to analysts at TD Securities, gold is looking promising amid recent Fed signals to hold rate increases and central bank buying. Key Quotes “Following several dovish Fed communications, which most recently included Fed Chair Jerome Powell, whose statement some believe pointed to a hard interest rate hike pause, has sent gold above Read more about GOLD NEWS UPDATE ( www.trademaxindia.com ) call@ 8218995526 , 8077693966[…]
Oil prices edge lower, tightening supply outlook supports Crude oil prices edged lower on Monday after sharp gains during the previous session but were supported by expectations of shrinking supply and signs that China-U.S. trade tensions could ease. International Brent crude oil futures on Monday were down 20 cents, or 0.32 percent at 0339 GMT to $62.54 a Read more about CRUDE OIL NEWS UPDATE ( www.trademaxindia.com ) call@ 8218995526 , 8077693966[…]