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Showing posts with label Crude oil TradingTips. Show all posts
Showing posts with label Crude oil TradingTips. Show all posts

Thursday, 31 December 2015

Crude prices fell 50 percent throughout the year, a decline of 10 percent in gold-silver.


Last business day of the year crude prices decline. Naymaiks and Brent crude has come down to $ 37.
There are gold-silver prices recorded a slight bullish today.$ 0.19 per cent on comics by gold per ounce 1061 fast approaching.While throughout the years recorded a decline of 10 per cent in gold. Gold declines for third consecutive full years.While crude prices throughout the entire year recorded a decline of 50 per cent.

The decline in all metals except nickel
The weakness in base metals except nickel is recorded.MCX nickel at 0.4 per cent with the level of RS 583.2.0.3 per cent while aluminium's weakness came on 102 with rupees. Copper is also 0.25% weakness is recorded.

The slight edge in the domestic market
Although the domestic market with modest 0.1 per cent crude edge on the level of RS 2445.While natural gas recorded in fast. Natural gas 3.5 per cent of the strength of 152.7 with level has risen.While gold is being seen in edge. With slight 0.1 per cent gold edge 25200 rupees level. Silver also 0.3 per cent strength with 33500 rupees.


Monday, 28 December 2015

Crude lower levels once again 11 years, gold is idling


Brent crude price lower levels again 11 years.WTI and Brent crude traded below $ 37.Crude last recorded a decline of 3 per cent. 

Why the decline in crude came
Over supply worries and low consumption in Japan due to the sharp decline in crude.Organization of the world's leading oil producer countries, OPEC daily production record of nearly 3.2 million barrels. 40 per cent of total world production.40 years later, America is now going to export crude. Restrictions delisting next year Iran will also supply in the market.

Idling in gold
Comics on gold is around $ 1070. Gold 6 consecutive quarterly decline.Yesterday the pressure on prices in dollars. Foreign market silver price has come down to $ 14.This year's $ 8.5 per cent during the consolidation, where there has been a decline of nearly 10 per cent in gold.

Agri commodity decline 
Agri NCDEX commodity 0.75 per cent decline in sid on castors with 3780 rupees traded below.Moreover coriander 4 per cent below arrived at 8110 rupees. Gram also declined.While MCX aluminium slid 0.6 per cent at RS 100 has come down with,While lead is 0.25 per cent in weakness and its updated RS 114.7.


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