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RoyalTraders Call@9719026661 Live News Update Oil supported as new hedges placed, but rising global supplies weigh Oil prices were steady on Friday, supported by traders placing new hedges in the futures market in anticipation of a decline in U.S. crude inventories, but held back from advancing by the prospect of rising global supplies. U.S. West Texas Intermediate (WTI) crude futures CLc1 were at $69.06 per barrel at 0421 GMT, up 10 cents from their last settlement. Brent crude futures LCOc1 were at $73.40 per barrel, down 5 cents from their last close. Overall U.S. crude oil inventories actually rose by 3.8 million barrels last week to 408.74 million barrels C-STK-T-EIA , according to data from the Energy Information Administration (EIA), however stocks at the key Cushing storage hub USOICC=ECI in Oklahoma fell by 1.3 million barrels, the EIA data showed. EIA/S (are) thought to be a factor in oil prices being well bid," said Stephen Innes, head of trading for Asia-Pacific at fu

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LIVE NEWS UPDATE WITH ROYALTRADERS

RoyalTraders call@9719026661 Oil Live News Update Oil steadies to trade higher after losses Oil prices rose on Thursday, steadying after losses over the past two days from a surprise increase in U.S. crude inventories and renewed concerns over trade friction between the U.S. and China. Brent crude futures LCOc1 were up 16 cents, or 0.2 percent, at $72.55 a barrel by 0503 GMT, after dropping 2.5 percent on Wednesday. U.S. West Texas Intermediate (WTI) crude CLc1 futures increased by 6 cents, or 0.1 percent, to $67.72 a barrel. They fell 1.6 percent in the previous session. Oil prices are feeling the effects of ongoing tensions over global trade, with markets concerned about any slowdown in growth around the world. "A clear definition around the macros is what the market is looking for and until we get that, it is likely to be volatile in the range," said Jonathan Barratt, chief investment officer at Ayers Alliance in Sydney. U.S. President Donald Trump has sought to ratchet

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Live News Update Gold edges lower on dollar strength ahead of Fed statement Gold prices dropped on Wednesday, pressured by a stronger U.S. dollar ahead of the outcome of a Federal Reserve monetary policy meeting later in the day. "The dollar is up ahead of the Federal Open Market Committee (FOMC) statement, and this provides us with an indication of which way the FOMC is going to move," said Naeem Aslam, chief market analyst, ThinkMarkets. The U.S. dollar, in which the yellow metal is priced, rose against the yuan and growth-leveraged currencies on Wednesday after a source familiar with the Trump administration's plans said the White House was about to propose higher tariffs on $200 billion in Chinese imports. FRX/ The news raised concerns of escalation in the tariff war between the United States and China and sent Asian shares lower with weak data in the region. MKTS/GLOB gold XAU= was down 0.2 pct at $1,220.77 an ounce, as of 0713 GMT. The bullion gained slightly in th

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Live News Update Oil prices drop on oversupply concerns as OPEC output increased in July Oil prices fell on Tuesday, with Brent futures set for their biggest monthly loss in two years, on oversupply concerns after a report showed OPEC's output in July rose to its highest for 2018. September Brent crude futures LCOc1 fell 46 cents, or 0.6 percent, to $74.51 a barrel by 0356 GMT after rising nearly 1 percent on Monday. The September contract expires today and the more-active October contract was down 0.5 percent to $75.20. U.S. West Texas Intermediate crude futures (WTI) CLc1 were down 43 cents, or 0.6 percent, at $69.70 a barrel, after rising more than 2 percent in the previous session. For the month, Brent futures are set to drop 6.2 percent, the most since July 2016, while WTI futures set to decline 5.9 percent to, the biggest monthly drop since March 2017. A Reuters survey showed the Organization of the Petroleum Exporting Countries (OPEC) increased production in July. hiked pro

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Live Price Update Date:30th of July 2018 Time:16:15 Gold-29728 Silver-38284 Crude Oil-4780 NaturalGas-192.20 Zinc-176.70 Copper-422.65 lead-145.45 Nickel-938.70 aluminium-141.15 RoyalTraders Call@9719026661 www.RoyalTraders.co Best Accuracy For Royal Traders

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Gold Live News Update Gold price eases on firm dollar ahead of central bank meetings Gold prices slipped on Monday as the dollar stood tall against its peers ahead of key central bank meetings and U.S. inflation and payrolls data this week. Spot gold XAU= was down about 0.3 percent at $1,219.91 an ounce at 0335 GMT. U.S. gold futures GCcv1 were 0.3 percent lower at $1,219.10 an ounce. The dollar rose slightly in Asia against major rivals on Monday, as market participants awaited central bank meetings this week, which could set the near-term course for currencies. FRX/ The greenback also traded close to a 13-month high versus China's yuan CNH= CNY= . "The dollar-CNH is putting pressure on gold. We've got a lot of central bank meetings this week but I think the big one for us is probably the Federal Open Market Committee (FOMC). The Bank of Japan is probably going to move the dollar/yen a bit tomorrow," a Hong Kong-based trader said. The Bank of Japan holds a monetary

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Live Price Update With RoyalTraders Date:27th of July 2018 Time:16:35 Gold-29680 Silver-38058 Crude Oil-4784 NaturalGas-190.70 Zinc-178.85 Copper-429.45 lead-147.10 Nickel-943.10 aluminium-141.65 RoyalTraders Call@9719026661 www.RoyalTraders.co Best Accuracy For Royal Traders

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RoyalTraders Call@9719026661 www.RoyalTraders.co Best Accuracy For Royal Traders Live News Update The World's Biggest Mining Company Is Selling Out of U.S. Shale BP Plc agreed to pay $10.5 billion, its biggest acquisition in almost two decades, for most of BHP Billiton Ltd.’s onshore U.S. oil and natural gas assets, including in the prized Permian Basin. The deal gives the London-based energy giant a position in the Permian, a swathe of west Texas and New Meixco that’s the world’s fastest-growing major oil region. It’s another sign that Big Oil has mostly rebounded from the 2014 to 2016 price crash. BP will also add positions in the Eagle Ford and Haynesville basins in Texas and Louisiana. “We’ve just got access to some of the best acreage in some of the best basins in the onshore U.S.,” BP’s Upstream Chief Executive Officer Bernard Looney said in a statement. The Permian produces about 3.4 million barrels a day, which would make it the fourth-largest member of OPEC, b

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