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TRADELINE LIVE NEWS UPDATE  Crude Oil Weekly Price Forecast – crude oil markets test major trendline The crude oil markets fell hard during the week, reaching down towards a major trendline in both grades that we follow here at FX Empire. Because of this, it looks as if we may have finally done enough destruction to attract value hunters. The WTI Crude Oil market fell hard again during the last week, but you can see that the uptrend line that has been so prominent is starting to offer a bit of support. At this point, I think it’s only a matter time before buyers come in to pick up value, because not only do we have the uptrend line on the longer-term charts, but we also have the $65 level underneath. I will pay attention to the daily chart for signs of support, perhaps even a hammer that I can start buying. If we do break down below the $65 level, not only do we have bearish pressure slicing through the uptrend line, but we also have a major horizontal line breaking down as w

TRADELINE LIVE NEWS UPDATE UPDATE -Oil jumps more than 1 pct after 2-day fall, still set for weekly drop Oct 12 Crude prices jumped 1 percent on Friday, rebounding after two days of heavy declines with support from robust Chinese crude imports, but oil was still heading for its first weekly drop in five weeks. Brent crude LCOc1 futures had risen $1.02 cents, or 1.3 percent, to $81.28 a barrel by 0637 GMT. The contract dropped 3.4 percent on Thursday following sharp falls in equity markets and indications that supply concerns have been overblown. U.S. West Texas Intermediate (WTI) crude CLc1 futures were up 80 cents, or 1.1 percent, at $71.77 a barrel, after a 3 percent fall in the previous session. WTI is on track for a 3.5 percent drop this week. Asian shares found a slightly firmer footing on Friday to set course for their first gains in two weeks, but the rout continued in Shanghai after Wall Street extended its slide into a sixth session. MKTS/GLOB China's daily crude oil impo

TRADELINE LIVE NEWS UPDATE UPDATE 4-Oil rises towards 4-year high as Iran sanctions loom Oct 3 - Oil traded above $85 a barrel and near a four-year high on Wednesday, supported by expectations that U.S. sanctions on Iran will tighten supply and strain the ability of Saudi Arabia and other producers to pump more. Crude exports from Iran, OPEC's third-largest producer, are already falling as the U.S. sanctions kicking in on Nov. 4 deter buyers. The drop in exports is reducing the impact of an OPEC production increase agreed in June. OPEC/O Brent crude LCOc1 , the global benchmark, was up 38 cents at $85.18 a barrel at 0833 GMT. It reached $85.45 on Monday, its highest level since November 2014. U.S. crude CLc1 was up 24 cents at $75.47. With Iranian exports expected to fall further, analysts say there may not be enough spare production capacity in the short term to meet demand, potentially requiring large withdrawals from storage. "Iran is the main supportive factor a

TRADELINE LIVE NEWS UPDATE UPDATE 6-U.S. oil hits 4-year peak ahead of sanctions on Iran Oct 2 U.S. oil prices hit their highest level since November 2014 on Tuesday and Brent crude was also near a four-year peak reached the previous day, with markets preparing for tighter supply once U.S. sanctions against Iran kick in next month. U.S. West Texas Intermediate (WTI) crude futures CLc1 marked $75.90 a barrel around 0630 GMT on Tuesday, their strongest since November 2014. WTI has risen around 18 percent since mid-August. International benchmark Brent crude oil futures LCOc1 were at $85.28 per barrel, up 30 cents, or 0.4 percent, from their last close. That was not far off the $85.45 peak reached in the previous session, the highest since November 2014. Brent has risen by more than 20 percent from its most recent lows in August. Sentiment was lifted by a last-gasp deal to salvage NAFTA as a trilateral pact between the United States, Mexico and Canada, rescuing a $1.2 trillion

TRADELINE LIVE NEWS UPDATE  PRECIOUS-Gold prices slip as dollar firms amid Fed rate hike view Oct 1 (Reuters) - Gold prices dipped on Monday as the dollar firmed against its peers in the wake of indications from the U.S. Federal Reserve last week that it will pursue a tighter monetary policy. The Fed raised U.S. interest rates last week and said it planned four more increases by the end of 2019 and another in 2020, amid steady economic growth and a strong job market. U.S. interest rates tend to boost the dollar and push bond yields up, putting pressure on gold prices by increasing the opportunity cost of holding non-yielding bullion.  India's No.1mcx Tips Provider   www.tradelinecommodity.com   contact:8057690837/8057046270

TRADELINE LIVE NEWS UPDATE UPDATE 4-Oil steady as Saudi supply balances Iran sanctions Sept 28 (Reuters) - Oil prices steadied on Friday as U.S. sanctions on Tehran squeezed Iranian crude exports, tightening supply even as other key exporters increased production. Global crude oil benchmark Brent LCOc1 was up 20 cents at $81.92 a barrel by 0820 GMT. The contract hit a four-year high of $82.55 this week but has been fairly stable during the third quarter, gaining around 3 percent since the end of June. U.S. light crude CLc1 was 20 cents higher at $72.32 a barrel. It is up around 3.5 percent this month, but down 2.6 percent since the end of June. no.1 mcx advisory company, www.Tradelinecommodity.com contact: 8057046270  TRADELINECOMMODITY SUPER HNI ONE DAY FREE TRIAL,  any quiry 8057046270 www.tradelinecommodities.com,  Tradelinecommodity 100% best inventory tips,  Tradelinecommodity 100% best super hni crude tips,  Tardelinecommodity 100% bullions tips,  Tradelinecommo