Tuesday 19 November 2019

Crude oil trading range for the day is 4008-4196

* Crude oil trading range for the day is 4008-4196.

* Crude oil dropped due to excess supply in the market and on uncertainty over a potential trade deal between the U.S. and China.

* U.S. shale production is likely to climb by 49,000 barrels a day in December to 9.133 million barrels a day.

* Saudi Arabia's crude oil exports in September fell by 3% to 6.67 million barrels per day (bpd) from 6.88 million bpd in August, official data showed.

* Crude stocks fell by 20.27 million bpd to 152.48 million bpd while domestic refinery crude throughput rose by 10,000 bpd to 2.584 million bpd.

MCX Live Rates

0 comments:

Post a Comment