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Oil drops more than 1% on concern over U.S.-China trade war Oil prices fell more than 1% on Monday amid concerns over the prospects of a trade deal between the United States and China, while worries about oversupply also weighed on the market. Brent crude was down 69 cents, or 1.1%, at $61.82 by 0730 Read more about Default title[…]

LATEST CRUDE OIL UPDATE BY – MCX PROFIT HUB

Crude oil futures slip on weak global cues Crude oil futures on Monday fell by Rs 34 to Rs 4,042 per barrel after participants reduced positions, tracking a weak trend in global markets. On the Multi Commodity Exchange, crude oil prices for November delivery dropped by Rs 34, or 0.83 per cent, to Rs 4,042 Read more about LATEST CRUDE OIL UPDATE BY – MCX PROFIT HUB[…]

LATEST CRUDE OIL UPDATE BY – MCX PROFIT HUB

Oil slips on uncertainty over U.S.-China trade deal, surging inventories Crude oil futures fell on Friday amid lingering uncertainty on whether, and when, the United States and China will agree a long-awaited deal to end their bitter trade dispute, the gloom compounded by rising crude inventories in the United States. Brent crude LCOc1, the global Read more about LATEST CRUDE OIL UPDATE BY – MCX PROFIT HUB[…]

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LATEST CRUDE OIL UPDATES BY – MCX PROFIT HUB

Oil slips on huge U.S. crude build; hopes for U.S.-China trade talks check losses Brent crude futures LCOc1 were at $62.73 a barrel by 0120 GMT, down 23 cents, or 0.4%, from their previous settlement. Brent settled up 1.3% at $62.96 a barrel. U.S. West Texas Intermediate (WTI) crude CLc1 futures fell 21 cents, or Read more about LATEST CRUDE OIL UPDATES BY – MCX PROFIT HUB[…]

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Gold prices are expected to trade lower today  spot gold prices ended lower by 0.28 percent to close at $1509.2 per ounce. Prices dipped after U.S. & China expressed their optimism over striking a deal this month to end the prolonged trade war. The 16 month long trade spat had roiled the markets and boosted Read more about LATEST Gold UPDATES BY – MCX PROFIT HUB[…]

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Crude oil futures fell 0.13 per cent to Rs 3,740 per barrel on Wednesday after speculators booked profits at existing levels amid subdued spot demand. Crude oil for delivery in October was trading lower by Rs 5, or 0.13 per cent, to Rs 3,740 per barrel with a business volume of 27,010 lots on the Read more about NEWS RELEASED BY WWW.MAGIC COMMODITY.COM (7037088196)[…]

LATEST GOLD UPDATES BY – MCX PROFIT HUB

Gold gains on soft US service sector data, focus on jobs report Gold prices rose for a fourth straight session on Friday as weak US service sector survey deepened concerns over economic growth and bolstered bets of further rate cuts by the Federal Reserve, with markets awaiting nonfarm payrolls data. US gold futures were flat Read more about LATEST GOLD UPDATES BY – MCX PROFIT HUB[…]

Latest Update by – MCX PROFIT HUB

Gold rises as US tariffs on EU boost safe-haven bets Gold prices rose on Thursday, having gained more than 1% in the previous session after the United States announced tariffs on European goods, creating more uncertainty for the global economic outlook. The U.S. on Wednesday said it would slap tariffs on certain products from the Read more about Latest Update by – MCX PROFIT HUB[…]

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LATEST OIL UPDATE BY – MCX PROFIT HUB

Oil producer Cenovus cuts full-year spending forecast, raises dividend Canadian oil and gas producer Cenovus Energy Inc (CVE.TO) on Wednesday lowered its full-year spending target and raised its quarterly dividend The company revised its 2019 capital budget to between C$1.1 billion ($830.25 million) and C$1.2 billion, about C$150 million lower than the midpoint of its Read more about LATEST OIL UPDATE BY – MCX PROFIT HUB[…]

LATEST CRUDE OIL UPDATE BY – MCX PROFIT HUB

Oil Prices Down on Demand Concerns Oil costs were down on Tuesday in Asia following the arrival of feeble monetary information from Japan and Europe, starting worries of a desolate viewpoint for oil request. apan’s Jibun Bank Flash Manufacturing Purchasing Managers’ Index slipped to an occasionally balanced 48.9 from a last 49.3 in the earlier Read more about LATEST CRUDE OIL UPDATE BY – MCX PROFIT HUB[…]

LATEST CRUDE OIL UPDATE BY – MCX PROFIT HUB

Iran says legal steps for British tanker release completed An Iranian government spokesman said on Monday that all legal steps had been completed for the release of the detained British-flagged tanker Stena Impero but that he did not know when the vessel would be released, Iranian media reported. The July 19 seizure of the ship, Read more about LATEST CRUDE OIL UPDATE BY – MCX PROFIT HUB[…]

Latest Crude Oil Update By – Mcx profit Hub

Oil’s Rising Again as Iran’s Warning of War Ratchets Up Tensions The risk of war in the Middle East is pushing oil costs higher again, topping one of the most emotional ever weeks for unrefined in which 5% of the world’s provisions were cut by assaults on Saudi creation offices. While Saudi Arabia’s endeavors to Read more about Latest Crude Oil Update By – Mcx profit Hub[…]

LATEST CRUDE OIL UPDATE BY – MCX PROFIT HUB

Tensions in Middle East hoist oil prices to largest weekly gain for months Oil costs were on track to bounce over 7% this week, their greatest week after week ascend in months, as early exchanging on Friday saw additions reached out on new Middle East strains after a key Saudi Arabian stockpile center was thumped Read more about LATEST CRUDE OIL UPDATE BY – MCX PROFIT HUB[…]

LATEST CRUDE OIL UPDATE BY – MCX PROFIT HUB

Oil Prices Gain, Set to Record More-Than-7% Weekly Jump   Oil costs ascended on Friday and Asia and are set to record an over 7% week after week increases after an automaton assault on Saudi Arabia’s significant oil offices a weekend ago heightened strains in the Middle East. The assault occurred on Saturday and thumped Read more about LATEST CRUDE OIL UPDATE BY – MCX PROFIT HUB[…]

LATEST UPDATE BY – MCX PROFIT HUB

U.S. biofuel credits fall more than 10% ahead of Trump meeting with U.S. senators: traders U.S. biofuel credits on Thursday fell more than 10% ahead of a meeting between President Donald Trump and senators to discuss biofuels policy, traders said. Renewable fuel (D6) credits for 2019 traded at 22 cents apiece, down from 24.75 cents Read more about LATEST UPDATE BY – MCX PROFIT HUB[…]