Oil Prices Tread Water Ahead of EIA Weekly Supply Report
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Crude prices were largely unchanged on Wednesday, amid speculation weekly supply data due later in the day will show an increase in U.S. oil and fuel supplies. www.mcxgoldstar.com 7830278303
Gold prices rose in Asia on Wednesday with a slightly weaker dollar aiding sentiment. Gold futures for February delivery on the Comex division of the New York Mercantile Exchange rose 0.17% to $1,331.70 a troy ounce. The US dollar index fell 0.03% to 89.49. www.mcxgoldstar.com 7830278303
Global crude production capacity could be “stretched to the limit,” the International Energy Agency said in its latest forecast on Thursday. The Paris-based organization said in its monthly report that there was “no sign of higher production from elsewhere that might ease fears of market tightness. www.mcxgoldstar.com 8859917191 7249938989
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