Crude Oil: Speculate On The Despoiler
Nigeria’s crude out production level has been hampered by destruction from different militant groups. The last group to wreak havoc on a massive scale was the Niger Delta Avengers.After the agreed OPEC cut, everything looks set for more upsides to current crude prices. While the initial news was that the agreed cut was implemented to 80% of the supply reduction, dissenting rumors have been floating around about the uncertainty to carry the cut into the back half of the year while some sources are claiming a lack of follow through by some OPEC member countries. This has stabilized the oil rally from last year.
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Gold prices soared by Rs325 to regain the Rs30,000-mark and trade at over 4-month high of Rs30,175 per 10 grams at Delhi bullion market on Saturday... read more ...
its three-week gains at the bullion market, on reduced offtake due to holiday-truncated week despite firm global trend.Marketmen said easing demand... read more ...
Oil prices slid nearly 1 percent as worries about rising U.S. supplies outweighed OPEC pledges to boost compliance with output curbs.
But... read more ...
The Energy Information Administration (EIA) reported that natural gas in underground storage fell by 89 billion cubic feet ((bcf)) in the week endi... read more ...
Silver Price Equal Off with Notable Support
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BENGALURU, FEB 27:
Gold prices held firm on Monday near 3-1/2 month highs hit in the previous session, with investor...
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