Mcx Full Independent Trading Guide

UPDATE 2-Oil rises on OPEC-led supply cuts, but economic weakness weighs * Group led by OPEC has been withholding supply since January * But record U.S. output, exports offset some of OPEC's cuts * Global economic slowdown weighs on 2019 oil demand outlook (Adds comment, updates prices) By Henning Gloystein SINGAPORE, March 1 Oil prices climbed on Friday as markets tightened amid output cuts by producer club OPEC, but surging U.S. supply and concerns of global economic slowdown kept a lid on further gains.International Brent crude futures were at $66.73 per barrel at 0557 GMT, up 4 2 cents, or 0.6 percent, from their last settlement.U.S. West Texas Intermediate (WTI) crude oil futures were at $57.51 per barrel, up 29 cents, or 0.5 percent.Traders said oil markets were currently tightening. In Venezuela, oil exports have plunged  by 40 percent to around 920,000 barrels per day (bpd) since the U.S. government slapped sanctions against its petroleum industry on Jan. 28. drop co

UPDATE 2-Oil rises on OPEC-led supply cuts, but economic weakness weighs * Group led by OPEC has been withholding supply since January * But record U.S. output, exports offset some of OPEC's cuts * Global economic slowdown weighs on 2019 oil demand outlook (Adds comment, updates prices) By Henning Gloystein SINGAPORE, March 1 Oil prices climbed on Friday as markets tightened amid output cuts by producer club OPEC, but surging U.S. supply and concerns of global economic slowdown kept a lid on further gains.International Brent crude futures were at $66.73 per barrel at 0557 GMT, up 4 2 cents, or 0.6 percent, from their last settlement.U.S. West Texas Intermediate (WTI) crude oil futures were at $57.51 per barrel, up 29 cents, or 0.5 percent.Traders said oil markets were currently tightening. In Venezuela, oil exports have plunged by 40 percent to around 920,000 barrels per day (bpd) since the U.S. government slapped sanctions against its petroleum industry on Jan. 28. d