Category: HNI MCX

MCX Crude Oil Tips

Crude Oil posts Weekly Advance, Iran Sanctions Bite into Supply

Crude Oil posted a third weekly gain out of four as Iranian sanctions take center stage, with investors looking the impact on supply.

Futures in New York closed 1.8% up this week. The International Energy Agency (IEA) signaled of higher oil prices amid deepening supply losses in Iran and Venezuela.

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Commodity tips

MCX crude Watch: Crude Oil prices recover some ground

Crude oil futures plummeted more than 2 percent Thursday after a fall from near 2-month highs extended as the IEA (International Energy Agency) stated that the global supplies hit a record of 100 million barrels a day. The IEA also said that daily crude-oil output in the Organization of the Petroleum Exporting Countries increased in August by 4,20,000 barrels a day, to average 32.63 million a day. MCX Crude also plunged sharply, breaking under Rs 5,000 per barrel and coming up to around Rs 4,900 mark.

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Ganesh Utsav 2018, Ganpati Bappa Morya !!!

May Lord Ganesha
Remove the Obstacles of your life;
Provide you with auspicious Beginnings;
Inspire you with creativity;
And bless you with intellect and wisdom!
Happy Ganesh Chaturthi!

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