Skip to main content

Oil Prices Rise; IMF’s Growth Forecast Cut, Libya Crisis in Focus (REALCOMMODITY.COM: 8077694749, 9720148005)

LATEST NEWS...

Oil prices rose on Wednesday in Asia as traders weighed the impact of the IMF’s latest economic growth forecast cut and geopolitical concerns in Libya.
U.S. Crude Oil WTI Futures was up 0.3% to $64.14 by 1:06 AM ET (05:06 GMT).
International Brent Oil Futures inched up 0.1% to $70.79/
Brent and WTI crude oil futures have risen by around 40% and 30% respectively since the start of the year.
In Libya, forces loyal to renegade general Khalifa Haftar continued their advance on the capital, striking Tripoli's only working airport and ignoring international calls for a truce. Haftar's forces are already in control of oil fields that produce half or more of Libya's total output of about 1.1 million barrels of crude a day.
Any disruption in Libyan oil volumes will further squeeze a global crude market already in panic mode from U.S. sanctions against Iran and Venezuela.
In addition to concerns over the ongoing conflict in Libya, John Driscoll, chief strategist at JTD Energy Services, told CNBC in an interview that Venezuela and Iran are other potential sources of risks for the oil markets.
For Venezuela, he said: “Things are terrible there, oil output is plummeting, then you’ve got this wave of electrical outages that have halved their exports.”

Call/Whatsupp @ 9720148005,8077694749
To Join Just Click On:
http://www.realcommodity.com
India's No.1 Mcx Advisory Company
#Investment is Subject To Market Risk

Comments

Popular posts from this blog

Gold Today Report Gold retreats from 1-month high as dollar firms,. Technical Lab 8650986510 www.mcxanalysis.com

Honest Updates

Oil jumps after Saudis, Russia say supply cut to be extended to March 2018 Oil prices jumped on Monday after the energy ministers of top producers Saudi Arabia and Russia jointly said that an OPEC-led crude production cut would be extended from the middle of this year until March 2018. FOR JOINING OUR SERVICES LOG ON www.honestadvise.com OR CALL @7617537676

Fox Premium Calls

Fox Premium Calls includes All Major Segments of Mcx Trading commodities: Gold, Silver Copper, Nickel, Lead, Zinc, Aluminium, Crude Oil & Natural Gas.Fox Premium Calls Services are Specially Designed For Brokers,High Volume Traders and People Seeking High and Quick Returns in Intraday Trading with Trust and Capital Safety.We Provide Combination of 3 services Bullion, BaseMetals & Energy will be covered in This Package.Daily 3 to 4Trading Tips will be provided Upto 98% Accuracy Level will be maintainedSingle Target & Singal Stoploss And Exit will be provided for All calls If Market is so Much Volatile.We are Providing Services in differernt Calls Ranges All the Calls Have Been Designed Considering the Needs of All Types of Clients Trading in the Diffrent Segment. All the Trades Would Strictly Be with stop-Loss. Clients Can Call Us Any Time to Get any information Regarding the Trades Via sms and Telephone.Traders Looking For Highly Profitable Market Have An Opportunity To Ea...