Commodity Oil Preview: Crude Oil Futures Latest Update

Crude oil futures settled higher on Thursday with minimal gains for the shortened week, as traders weighed near-term crude supply and demand prospects. At the back of US-sanctions, the production of Crude-oil in Venezuela has fallen extensively. A report showed that Read more

MCX Turnover Rises On High Volatility In Gold And Crude

The Multi Commodity Exchange of India Limited (MCX), India’s largest commodity exchange, recorded a turnover of Rs65.91 lakh crore in FY2019, registering an increase of 22percent compared to the previous fiscal, as per media quotes. The rise in turnover was Read more

Latest Updates on Crude Oil, Updates on MCX

Crude Oil prices rose on Monday on supportive equities amid concerns over supplies outweigh worries of a slowing global economy. Market also witnessed OPEC-driven supply cuts. Brent crude for June delivery was up by 0.6% at USD68.01 per barrel, having Read more

Latest Updates on Crude Oil, MCX Gold and Rupee

Crude Oil: Crude Oil prices stood strong on Tuesday, driven by ongoing supply cuts led by OPEC and by U.S sanctions on Iran and Venezuela, but it is preoccupied that an indication of a sharp economic slow-down could shortly drag Read more

Latest Updates on Oil: Crude Oil Hits 2019-highs

Crude Oil prices moved higher on Thursday to hit the peak of the year 2019, amid global production cuts and supply disruptions in Venezuela. An unforeseen fall in US crude oil inventories and production also lifted prices, as per traders Read more

Commodity Outlook: Crude Oil Down As US Crude Stocks Swell

Crude Oil prices eased on Thursday, as global growth concerns weighed on the market.  US WTI crude oil futures were at USD56.11 per barrel down 0.2 percent, and the counter currently trades at USD 55.92 per barrel, down more than Read more