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Tag: Crude Oil

  • Commodity Market
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Crude oil is falling amid India’s crisis, with US stocks forming

Manikandan Fastura4 years ago02 mins

Oil prices fell on Wednesday, turning a profit overnight, with COVID-19 cases on the rise in India and U.S. The larger-than-expected structure in crude stocks also offset the optimism shown by OPEC and its allies in a solid recovery in global fuel demand. Brent crude futures fell 26 cents, or 0.4%, to $ 66.16 a…

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  • Commodity Market
  • NYMEX Market

Oil Down Covid-19 fuel demand remains a risk to recovery

Manikandan Fastura4 years ago01 mins

Oil fell in Asia on Monday morning, leaving the U.S. Federal Reserve Chairman Jerome Powell said the U.S. economy was ready for strong growth and warned that the Covid-19 was a risk. Brent oil futures down 0.06% within 13:14 AM ET (5:14 AM GMT). High to 62.91 and the immediate time range for Brent futures…

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Crude Oil Uptrend
  • Commodity Market

A stronger economic outlook lifts crude oil but pulls down gold

Manikandan Fastura4 years ago01 mins

Crude oil prices were higher on Wednesday global economic growth amid increased COVID-19 vaccines and a reportInventories fell in the United States.

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