crude tips

Oil prices edged lower on Tuesday as Organization of the Petroleum Exporting Countries (OPEC) production reached a fresh 2018 high in the month of July, reports revealed. www.mcxgoldstar.com 7249938989 8859917191 Crude Oil  WTI Futures for September delivery slipped 0.4% to $69.83 per barrel at 1:10AM ET (05:10 GMT), while  Brent oil futures  for October delivery also slipped 0.4% to $75.22 for one barrel. A Reuters survey showed on Tuesday that OPEC increased production in July. OPEC hiked production by 70,000 barrels per day to 32.64 million bpd, a 2018 high, Reuters reported. Further supply increases could offset production outages and pressure prices, it added. Oil prices received some support on Monday as investor concerns over global crude supply supported sentiment, as investors continued to weigh supply disruptions in Saudi Arabia and declining output from and Venezuela, Iran and Libya. Saudi Arabia announced it would suspend shipments of oil throug...

Gold prices  edged lower while the dollar was little changed on Monday as market participants awaited key central bank meetings due later this week. Gold futures  for August delivery on the  Comex  division of the New York Mercantile Exchange fell by $3.50, or 0.3%, to $1,219.60 a troy ounce by 1:40AM ET (05:40 GMT). www.mcxgoldstar.com 8859917191 9719002865

Gold prices slipped for two consecutive days as dollar slightly rose on Wednesday ahead of a meeting between and U.S. and European Commission presidents for trade-related talks. Gold Futures  for August delivery on the  Comex division of the New York Mercantile Exchangeis was down 0.11% to a trading price of $1,224.10 each troy ounce at 1:00AM ET (05:00 GMT).    www.mcxgoldstar.com 7249938989 8859917191

Gold prices  were trading slightly lower on Tuesday as the dollar edged up after a sharp decline in the previous session. Gold Futures  for August delivery on the  Comex division  of the New York Mercantile  Exchangeis  was down 0.47% to a trading price of $1,219.8 each troy ounce at  1:10AM  ET (05:10 GMT). www.mcxgoldstar.com 7249938989 8859917191

Gold prices edged up on Monday on a softer dollar. Meanwhile, U.S. President Donald Trump’s criticism on the Fed and global monetary policy over the weekend also helped push the yellow metal’s prices higher. www.mcxgoldstar.com 7249938989 9719000596

Oil prices traded higher early in Europe on Friday, as comments that Saudi Arabia would reduce exports in August tempered fears of oversupply. New York-traded  West Texas Intermediate crude futures  gained 23 cents, or 0.34% to $68.47 a barrel by 4:33 AM ET (8:33 GMT). www.mcxgoldstar.com 7249938989 9719002865

Gold prices dropped to a one-year low on Friday. Despite a stock market and dollar index dip after U.S. President Donald Trump   criticised the central bank’s decision in raising interest rate , which would normally signal a move higher for the yellow metal, gold prices also headed down. www.mcxgoldstar.com 7249938989 8859917191

Gold prices dropped on Thursday as the dollar remained near a three-week high. U.S. Federal Reserve Chairman Jerome Powell’s comments this week implied increasing interest rates and continued to put pressure on the precious metal prices. www.mcxgoldstar.com 7249938989 9719002865

Gold Prices were slightly lower on Wednesday and hovered near a one-year low as the dollar strengthened following Federal Reserve Chairman Jerome Powell’s comments on Tuesday that reinforced views the central bank is on track to  gradually raise interest rates . www.mcxgoldstar.com 9719002865 7249938989

www.mcxgoldstar.com 8859917191 9719002865 Gold prices were little changed on Tuesday as the dollar steadied ahead of the U.S. Federal Reserve Chairman Jerome Powell’s first congressional testimony. Gold futures  for August delivery on the Comex division of the New York Mercantile Exchange gained 0.08% to $1,241.00 a troy ounce by 01:20AM ET (05:20 GMT). The  U.S. Dollar Index that tracks the dollar against a basket of six major currencies was unchanged at 94.48 on Tuesday as traders awaited further clues on monetary policy when Powell testify on the economy and monetary policy before the U.S. Senate Banking Committee later in the day. The dollar plays a crucial role in determining gold’s direction, as a stronger dollar makes gold more expensive for holders of foreign currency. Ahead of Powell’s appearance, the Fed gave a positive assessment of the U.S. economy, insisting that strong labor markets and inflation would support the central bank’s plan to continue with g...

Gold price  bounced back on Monday after dipping to a near 2018 low last week as the dollar slipped ahead of the first official dialogue between  U.S. President Donald Trump  and Russian President Vladimir Putin summit in Helsinki later in the day.  www.mcxgoldstar.com 8859917191 7249938989

Oil prices edged lower on Friday and were set for a second weekly fall, as the market shrugged off a warning that spare capacity may be stretched as OPEC and Russia increase production . www.mcxgoldstar.com 7249938989 9719002865

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

Gold prices  were little changed on Thursday as the dollar firmed against its peers after a expectation-beating inflation report reaffirmed expectations that the Federal Reserve would hike interest rates two more times this year. www.mcxgoldstar.com 9719002865 7249938989  

Gold prices  gained on Monday on a softer a dollar and threat of a full-blown trade war after US tariffs on $ US34  billion worth of Chinese goods took effect on Friday, while  China's commerce  ministry retaliated with 25 per cent tariffs on $US34 billion worth of US imports. www.mcxgoldstar.com 8859917191 9719002865

Gold prices  were lower on Friday as the  U.S. dollar weakened  and U.S. trade tariffs against China went into effect. Comex  gold future s  for August delivery decreased 0.21% to $1,256.20 a troy ounce as of 6:06 AM ET (10:06 GMT). www.mcxgoldstar.com 9719002865 7249938989

Oil prices  seesawed on Friday in a nervous market as the United States implemented a raft of tariffs on Chinese goods, which should prompt Beijing to retaliate, potentially including a duty on  U.S. crude  imports. www.mcxgoldstar.com 9719002865 7249938989

Gold prices traded in a narrow range on Thursday, after hitting a one-week high in the previous session, amid an easing dollar and as markets awaited the US Federal Reserve's June policy meeting minutes for outlook on monetary policy. www.mcxgoldstar.com 8859917191 7249938989  

Oil prices fell on Thursday after U.S. President Donald Trump sent a strident tweet demanding that OPEC cut prices for crude . The escalating trade row between Washington and Beijing also cast a shadow over markets, with China warning it could introduce duties on U.S. crude imports at an as yet unspecified date. www.mcxgoldstar.com 9719002865 7249938989

Oil prices edged up on Wednesday following a report of tightening U.S. fuel inventories amid an outage at Syncrude Canada oil sands facility in Alberta, which usually supplies the United States . www.mcxgoldstar.com 8859917191 9719002865

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