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Crude Oil - April 8, 2021 - Reliance Securities


Crude Oil - April 8, 2021 - Reliance Securities
Posted On:
Mr. Sriram Iyer, Senior Research Analyst at Reliance Securities
International oil prices ended flat on Thursday as a falling dollar offset earlier declines caused by an increase in U.S. gasoline stockpiles and subdued demand.
Domestic crude prices ended flat on Thursday, tracking overseas prices.
The U.S. dollar fell to a two-week low against a basket of currencies, tracking Treasury yields lower, after data showed a surprise rise in U.S. weekly jobless claims.
Iran and the United States held talks with other powers on reviving a nuclear deal reviving tentative hopes Tehran might see some sanctions lifted and add to global supplies. A potential for 2 million bpd in additional oil supply could flow into the markets if a deal is struck. ....

United States , Sriram Iyer , Senior Research Analyst At Reliance Securities , Time Zone , Senior Research Analyst , Coil April , ஒன்றுபட்டது மாநிலங்களில் , ஸ்ரீராம் இயேற் , மூத்தவர் ஆராய்ச்சி ஆய்வாளர் இல் நம்பகத்தன்மை பத்திரங்கள் , நேரம் ஸோந் , மூத்தவர் ஆராய்ச்சி ஆய்வாளர் , எண்ணெய் ஏப்ரல் ,

Crude Oil - April 9, 2021 - Reliance Securities


Crude Oil - April 9, 2021 - Reliance Securities
Posted On:
Mr. Sriram Iyer, Senior Research Analyst at Reliance Securities
International oil prices were trading marginally lower this early Friday afternoon in Asia amid rising supplies from producers and weak demand.
The U.S Dollar rebounded marginally this early Friday afternoon in Asia and kept upside capped.
Technically, WTI Crude Oil is trading on a negative note below $59.50 which will further take price downside up to $59.00-$58.40 levels. Resistance is at $59.80-$60.40 levels.
Domestic crude oil prices are trading with small gains this early Friday afternoon, tracking weaker Rupee.
Technically, MCX Crude Oil April could see a downside move 4400-4320 levels. Resistance is at 4470-4500 levels. ....

United States , Sriram Iyer , Senior Research Analyst At Reliance Securities , Time Zone , Senior Research Analyst , Coil April , Crude April , ஒன்றுபட்டது மாநிலங்களில் , ஸ்ரீராம் இயேற் , மூத்தவர் ஆராய்ச்சி ஆய்வாளர் இல் நம்பகத்தன்மை பத்திரங்கள் , நேரம் ஸோந் , மூத்தவர் ஆராய்ச்சி ஆய்வாளர் , எண்ணெய் ஏப்ரல் ,

silver price today: Commodity strategies: Gold, silver, crude, base metals


By Tapan Patel
Commodity prices traded mixed on Friday, after a steady trading in the previous session. On Thursday, bullion prices continued upside move as an inflation hedge while base metals traded firm, supported by weaker dollar and US stimulus. Crude oil prices traded mixed on rising supplies, weighing demand outlook. Here is a look at how different commodities are behaving in today’s market.
Outlook: Bullion
Bullion prices traded steady with spot gold price at COMEX was trading near $1752 per ounce while spot silver price at COMEX was trading flat near $25.35 per ounce in the morning trade, keeping the upper trading range. The precious metals rose on weaker dollar and a drop in US bond yields due to inflation concerns over higher government spending. The US 10 year treasury yields fell to 1.63 per cent while the dollar index dropped to 92 mark boosting gold to its six week high. We expect bullion prices to trade sideways to up for the day. ....

Tapan Patel , Ravindra Rao , Coil April , Senior Analyst , தபன் படேல் , ரவின்ற ராவ் , எண்ணெய் ஏப்ரல் , மூத்தவர் ஆய்வாளர் ,