Skip to main content

Posts

Showing posts with the label CRUDE OIL LIVE NEWS UPDTE BY TRADELINE India's No.1mcx Tips Provider Missed Call @:/8057046270/8923452051

CRUDE OIL LIVE NEWS UPDTE BY TRADELINE India's No.1mcx Tips Provider Missed Call @:/8057046270/8923452051

UPDATE 3-Oil falls on increased U.S. rig count, China industrial slowdown Jan 28 - Oil prices fell 1 percent on Monday after U.S. companies added rigs for the first time this year, a signal that crude output may rise furthe r, and as China, the world's second-largest oil user, reported additional signs of an economic slowdown.I nternational Brent crude oil futures  were at $60.74 a barrel at 0804 GMT, down 90 cents, or 1.46 percent.U.S. crude oil futures were at $52.84 per barrel, down 85 cents, or 1.58 percent, from their last settlement.High U.S. crude oil production C-OUT-T-EIA , which rose to a record 11.9 million barrels per day (bpd) late last year, has been weighing on oil markets, traders said.In a sign output could rise further, U.S. energy firms last week raised the number of rigs looking for new oil for th e first time in 2019 to 862, an addition of 10 rigs, Baker Hughes energy services firm said in its weekly report on Friday. oil supply, a key question for this year