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Showing posts with the label LIVE MCX CRUDE OIL NEWS UPDATE @@www.tradelinecommodity.com India's No.1mcx Tips Provider Missed Call @:/8057046270/8923452051

LIVE MCX CRUDE OIL NEWS UPDATE @@www.tradelinecommodity.com India's No.1mcx Tips Provider Missed Call @:/8057046270/8923452051

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