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As on Jul 16, 2018 12:00 AM Your results on : End Session    
Crude Crashes, WTI Futures Tumble More Than 2%
16-Jul-2018 (18:02)
Agri Buzz: Global Pepper Market Sees Quite Movement
16-Jul-2018 (17:54)
Copper Declines Yet Again, Hovers Around One Year Lows
16-Jul-2018 (17:22)
Bullions Weekly Review: Gold Lower During Last Session of The Week
14-Jul-2018 (15:31)
Base Metals Weekly Review: Copper Rolls Downwards
14-Jul-2018 (15:30)
Weekly Energy Review: Crude Oil Prices Higher During the Weekend
14-Jul-2018 (14:57)

Crude oil prices were slightly higher Friday morning, trimming this week's significant losses. Prices plunged mid-week, losing about 6% due to increased OPEC production and a strong U.S. dollar. Libya is ramping up shipments from four key ports, and Saudi Arabia is turning on its spigots faster than initially thought. Meanwhile, U.S. oil stockpiles plumetted a massive 12.6 million barrels to the lowest since February 2015.

WTI light sweet oil was up 27 cents to $70.61 a barrel. EIA forecast U.S. crude oil production to average 10.8 million barrels per day in 2018, up from 9.4 million barrels per day in 2017, and to average 11.8 million barrels per day in 2019. If realized, both of these forecast levels would surpass the previous record of 9.6 million barrels per day set in 1970. EIA estimated that U.S. crude oil production averaged 10.9 million barrels per day in June, up 0.1 million barrels per day from the May level. U.S. crude output has remained above the 10 million barrels per day mark since February.

The Organization of the Petroleum Exporting Countries (OPEC) crude oil production averaged 31.9 million barrels per day in June. Although the OPEC and non-OPEC participants agreed on November last year to extend the production cuts through the end of 2018 in order to reduce global oil inventories, tightening market conditions led the group to relax the production cuts starting this month. EIA expected that OPEC crude oil output will decrease by less than 0.1 million barrels per day on average in 2019, which reflects crude oil production increases from some producers that mostly make up for expected declines of more than 1.0 million barrels per day in Iran and Venezuela combined.

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Commodities Buzz: Silver Imports Surge 115%, Spices Exports Gain 13% In June 2018
13-Jul-2018 (18:26)
Gold Sees Further Losses Ahead Of Weekend
13-Jul-2018 (18:06)
Commodities Buzz: Govt Procurement Will Determine Impact Of MSP On Inflation
13-Jul-2018 (17:54)
Technical Talk: COMEX Gold Facing Heavy Resistance Around 200 Week EMA
12-Jul-2018 (17:56)
Agri Commodities Review: Massive Gains In Grains, Guar Tumbles On Monsoon Prospects
12-Jul-2018 (17:43)
Commodities Buzz: Freeport-McMoRan Announces Terms of PT Freeport Indonesia Divestment
12-Jul-2018 (17:27)
Economic Buzz: Eurozone Industrial Production Jumps 1.3% On Month In May
12-Jul-2018 (17:20)
Copper Faces Carnage, Down by More Than 2 Percent
11-Jul-2018 (17:34)
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