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Live News Update Oil prices rise as OPEC resists Trump pressure to ease supply cuts Oil prices rose on Wednesday after a report of declining U.S. crude inventories and as producer club OPEC seemed to stick to its supply cuts despite pressure from U.S. President Donald Trump. U.S. West Texas Intermediate (WTI) crude oil futures were at $55.99 per barrel at 0600 GMT, up 49 cents, or 0.9 percent, from their last settlement. International Brent crude futures were at $65.65 per barrel, up 44 cents, or 0.7 percent from their last close. U.S. crude oil inventories fell by 4.2 million barrels in the week to Feb. 22, to 444.3 million barrels, the American Petroleum Institute (API) estimated in a weekly report on Tuesday. Official data will be released by the U.S. Energy Information Administration (EIA) after 1800 GMT on Wednesday. For More Information Contact Us-9719026661 https://api.whatsapp.com/send?phone=919720003255 www.royaltraders.co Best Accuracy Of RoyalTraders

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Live News Update Oil Prices Rebound After Trump Tweet Turmoil Oil prices recovered on Wednesday in Asia after losing more than 3% earlier this week when U.S. President Donald Trump tweeted that prices were “getting too high.” U.S. Crude Oil WTI Futures was up 0.8% to $55.94 by 11:00 PM ET (04:00 GMT). London-traded Brent Oil Futures gained 0.5% to $66.59. Citing an Organization of the Petroleum Exporting Countries (OPEC) source, Reuters reported on Tuesday that the international cartel and its allies planned to stick to their oil supply cuts despite Trump's tweet. The news was cited as supporting oil prices today. "Crude oil has been rising lately, not due to strong growth and rising demand but primarily due to a politically orchestrated cut in production from OPEC and friends," said Ole Hansen, head of commodity strategy at Denmark's Saxo Bank, in a Reuters report. For More Information Contact Us-9719026661 https://api.whatsapp.com/send?phone=919720003255 www.royal

Live News Update Gold Prices Edge Up Following Powell Testimony; Trade News Remained in Focus Gold prices edged up on Wednesday in Asia after U.S. Federal Reserve Chairman Jerome Powell testified before the Senate overnight. At 11:57 PM ET (04:57 GMT), Gold Futures for April delivery on the Comex division of the New York Mercantile Exchange was up $2.05, or 0.15%, to $1,331.55 a troy ounce. Powell said in the first of a two-day Congressional address at the Senate Committee on Banking that the U.S. economic outlook was "generally favorable" but still faced challenges from abroad. “While we view current economic conditions as healthy and the economic outlook as favourable, over the past few months we have seen some crosscurrents and conflicting signals,” Powell said, adding that the central bank is monitoring how Brexit negotiations and Sino-U.S. trade talks play out. “We will carefully monitor these issues as they evolve.” In its January meeting, the U.S. centra

UPDATE 1-Oil prices rise as OPEC resists T rum p pressure to ease supply cuts OPEC cuts expected to remain despite Trump pressure to loosen * But analysts say markets are well supplied despite the curbs (Adds comment, updates prices) By Henning Gloystein SINGAPORE, Feb 27 - Oil pr ices r ose on Wednesday after a report of declining U.S. crude inventories and as producer club OPEC seemed to stick to its supply cuts despite pressure from U.S. President Donald Trump. U.S. West Texas Intermediate (WTI) crude oil futures were at $55.99 per barrel at 0600 GMT, up 49 cents, or 0.9 percent, from their last settlement. International Brent crude futures were at $65.65 per barrel, up 44 cents, or 0.7 percent from their last close. U.S. crude oil inventories fell by 4.2 million barrels in the week to Feb. 22, to 444.3 million b arrels, the American Petroleum Institute (API) estimated in a weekly report on Tuesday. data will be  released by the U.S. Energy Information Administration (EIA) a

UPDATE 1-Oil prices rise as OPEC resists T rum p pressure to ease supply cuts OPEC cuts expected to remain despite Trump pressure to loosen * But analysts say markets are well supplied despite the curbs (Adds comment, updates prices) By Henning Gloystein SINGAPORE, Feb 27 - Oil pr ices r ose on Wednesday after a report of declining U.S. crude inventories and as producer club OPEC seemed to stick to its supply cuts despite pressure from U.S. President Donald Trump. U.S. West Texas Intermediate (WTI) crude oil futures were at $55.99 per barrel at 0600 GMT, up 49 cents, or 0.9 percent, from their last settlement. International Brent crude futures were at $65.65 per barrel, up 44 cents, or 0.7 percent from their last close. U.S. crude oil inventories fell by 4.2 million barrels in the week to Feb. 22, to 444.3 million b arrels, the American Petroleum Institute (API) estimated in a weekly report on Tuesday. data will be released by the U.S. Energy Information Administration

Visit Us-:http://www.commodityprofitplus.com/ Call & Whatsapp-:9760684329 Investing.com - Oil costs recouped on Wednesday in Asia in the wake of losing over 3% prior this week when U.S. Donald Trump tweeted that costs were "getting excessively high." U.S. Unrefined petroleum WTI Futures was up 0.8% to $55.94 by 11:00 PM ET (04:00 GMT). London-exchanged Brent Oil Futures increased 0.5% to $66.59. Refering to an Organization of the Petroleum Exporting Countries (OPEC) source, Reuters provided details regarding Tuesday that the worldwide cartel and its partners wanted to adhere to their oil supply cuts in spite of Trump's tweet. The news was refered to as supporting oil costs today. "Unrefined petroleum has been rising recently, not because of solid development and rising interest but rather principally because of a politically arranged cut underway from OPEC and companions," said Ole Hansen, leader of the product system at Denmark's Saxo Bank, i

Visit Us-:http://www.commodityprofitplus.com/ Call & Whatsapp-:9760684329 Vitality  Unrefined OIL prices withdrew from over 3-month highs yesterday, posting the greatest one-day misfortune so far this year, after US President Trump focused on OPEC with his tweets. Trump tweeted that oil costs were excessively high and that economies couldn't take another value climb. He approached OPEC to "unwind". The way that Trump's choice to concede the March 1 due date for extra taxes on Chinese merchandise added to higher oil costs appears to have been disregarded. Costs fell 2.9% yesterday, the greatest one-day fall since December 24.  Characteristic GAS continues to squeeze out progressive increases from 14-month lows as the proceeding with chilly front over the US supports request. Interestingly, the UK is appreciating an episode of milder climate which has cut interest there.  Base metals  "Noteworthy" advance in the US-China exchange tal

METALS MORNING VIEW 25/02: Metals prices pulled hig her b y low copper stocks, trade optimism Last Thursday’s brief correction in metals prices was just a pause in what is turning into a strong rally, with the three-month base metals prices traded on the London Metal Exchange up by an averag e of 0.6% on the morning of Monday February 25. Copper and tin prices are extending into fresh highs for the year, while the other base metals are rallying. Copper prices were up by 0.4% this morning at $6,506 per tonne, compared with $6,477 per tonne at the close on Friday.  Volume across the LME base me tals complex has been strong with 10,416 lots traded as at 6.51am London time on Monday, compared with an average of around 7,900 lots traded at similar times last week. Spot precious metals prices were firmer this morning with gold up by 0.1% at $1,329.20 per oz, compared with a previous close of $1,327.35 per oz, while silver, platinum and palladium were up by an average of 0.8%, with

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PRECIOUS-Gold gains as dollar sags against yuan on China tariffs delay * Palladium peaks at 1,506.50/oz * Platinum rises to 3-month high * Asian equities scale 5-month peak * GRAPHIC-2019 asset returns: http://tmsnrt.rs/2jvdmXl By K. Sathya Narayanan Feb 25 Gold prices rose on Monday as the dollar fell against the yuan after U.S. Presiden t Donald Trum p said he would delay an increase in tariffs on Chinese goods, while palladium surged to a record high.Spot gold rose 0.2 percent to $1,330.48 per ounce at 0532 GMT. U.S.GCv1 were steady at $1,333.The offshore yuan strengthened 0.6 percent to 6.673 yuan CNH= against the dollar, after hitting its highest level since mid-July, on the news that Trump might not raise tariffs on $200 billion of Chinese imports to 25 percent from 10 percent. USD/ A strong yuan makes gold cheaper for world's leading gold consumer, China.Trump said on Sunday that he would delay an increase in tariffs on Chinese goods that had been scheduled for later

PRECIOUS-Gold gains as dollar sags against yuan on China tariffs delay * Palladium peaks at 1,506.50/oz * Platinum rises to 3-month high * Asian equities scale 5-month peak * GRAPHIC-2019 asset returns: http://tmsnrt.rs/2jvdmXl By K. Sathya Narayanan Feb 25 Gold prices rose on Monday as the dollar fell against the yuan after U.S. Presiden t Donald Trum p said he would delay an increase in tariffs on Chinese goods, while palladium surged to a record high.Spot gold rose 0.2 percent to $1,330.48 per ounce at 0532 GMT. U.S.GCv1 were steady at $1,333.The offshore yuan strengthened 0.6 percent to 6.673 yuan CNH= against the dollar, after hitting its highest level since mid-July, on the news that Trump might not raise tariffs on $200 billion of Chinese imports to 25 percent from 10 percent. USD/ A strong yuan makes gold cheaper for world's leading gold consumer, China.Trump said on Sunday that he would delay an increase in tariffs on Chinese goods that had been scheduled fo

Visit Us-:http://www.commodityprofitplus.com/ Call & Whatsapp-:9760684329 SYDNEY (Reuters) - Oil prices rose on Monday as Washington and China appeared to edge closer to a trade deal, dampening fears over the outlook for global economic growth. International Brent crude oil futures were at $67.26 a barrel at 0005 GMT, up 14 cents, or 0.2 percent, from their last close. They ended Friday little changed after touching their highest since Nov. 16 at $67.73 a barrel. U.S. West Texas Intermediate (WTI) crude futures were at $57.38 per barrel, up 11 cents, or 0.2 percent, from their last settlement. WTI futures climbed 0.5 percent on Friday, having marked their highest since Nov. 16 at $57.81 a barrel. "Crude prices continue to be supported on optimism a trade deal will be reached in the coming days by the world's two largest economies, said Edward Moya, senior market analyst, OANDA. President Donald Trump said on Sunday he would delay an increase in U.S. tariffs on

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UPDATE 2-Oil prices fall as U.S. crude output hits record 12 mln bpd U.S. oil output hits 12 mln bpd: https://tmsnrt.rs/2VegNR3 * U.S. output to hit 13 million bpd by end-2019 -Citi * U.S. crude stoc ks rise to 454.5 million barrels -EIA * U.S. crude exports hit record 3.6 million bpd -EIA (Adds Citi comment, record U.S. crude exports, updates prices) By Henning Gloystein SINGAPORE, Feb Oil prices fell on Friday after the United States reported its crude output hit a record 12 million barrels per day (bpd), undermining efforts by Middle East-dominated producer club OPEC to withhold supply and tighten global markets.International Brent crude futures were at $66.87 per barrel at 0326 GMT, down 20 cents, or 0.3 percent, from their last close.U.S. West Texas Intermediate (WTI) crude oil futures  were at $56.84 per barrel, down 12 cents, or 0.2 percent, from their last settlement. U.S. crude oil productio n C-OUT-T-EIA reached 12 million bpd for the first time last week, the E

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