Mcx Full Independent Trading Guide

UPDATE 2-Oil markets tense after western strikes on Syria, rising US drilling weighs April 16 (Reuters) - Oil fell more than 1 percent on Monday as markets opened following western air strikes in Syria over the weekend, while a rise in U.S. drilling for new production also dragged on prices. The United States, France and Britain launched 105 missiles on Saturday, targeting what they said were three chemical weapons facilities in Syria in retaliation for a suspected poison gas attack in Douma on April 7. crude oil futures LCOc1 were at $71.78 per barrel at 0643 GMT, down 80 cents, or 1.10 percent, from their last close. U.S. West Texas Intermediate (WTI) crude futures CLc1 were down 68 cents, or 1.01 percent, at $66.71 a barrel. Traders said markets in Asia began cautiously after the weekend strikes, with some relief that the move looked unlikely to escalate. the wake of the coordinated attack on Syria, oil prices are significantly lower ... (but) the impact appears to be compact

UPDATE 3-Oil rescued from price lows by Libyan supply disruption  March 13 (Reuters) - Oil rose on Tuesday, after Libya said loadings of crude at a key port had been suspended, offseting an earlier dent to the price caused by evidence of the inexorable growth in U.S. oil output. All loadings at the Libyan oil export port of Zawiya, which exports crude from the 308,000-barrel per day El Sharara field, have stopped due to a strike, a Libyan website said. crude futures LCOc1 were last up 11 cents on the day at $65.06 a barrel by 1017 GMT, up from an earlier low of $64.67, while U.S. West Texas Intermediate (WTI) crude futures CLc1 were up 17 cents at $61.53 a barrel. Both crude benchmarks dropped by around 1 percent on Monday after the U.S. Energy Information Administration said output from the shale basin would hit a new record high in April. "Libyan oil loadings have been suspended, that's why the market is rallying at the moment," PVM Oil Associates analyst Tamas