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TWO OF THREE TEXAS OIL AND GAS REGULATORS SAY THEY ARE NOT READY TO VOTE ON OIL OUTPUT CUTS TODAY OPEC MEMBERS ALGERIA, NIGERIA, VENEZUELA, AND IRAQ ALONG WITH NON-OPEC

OIL PRODUCERS KAZAKHSTAN AND AZERBAIJAN ARE PART OF TUESDAY’S CONFERENCE CALL – OPEC SOURCE SAUDI ARABIA, KUWAIT AND THE UAE ARE NOT TAKING PART IN THE OPEC CONFERENCE CALL ON TUESDAY- TWO SOURCES

#SGX Nifty Indicates Negative Opening For TheIndian Markets, SGX Nifty Trading Down 2.34% Or-207.50 Points At 9,049.50

Asia Equity Markets Begin Subdued FollowingThe Weak Lead From Wall St Where SentimentWas Dampened By Chaos In Oil Futures As W TIMay Contract Turned Negative For The First TimeIn History Ahead Of Tuesday’s Contract Expiry;ASX 200 (-0.310/0), Hang Seng (-0.910/0), Nikkei 225(-1.02%), KOSPI (-0.17%) Earnings Today: ACC.

Witness history tonight! Oil prices fell to a negative value, US oil May contract fell more than 300%, hit -40 US dollars / barrel

Intraday oil prices plummeted, and U.S. oil fell to a negative value in May. The lowest intraday reached $ -40.32 per barrel, the lowest level since the United States had crude oil trading data in 1946; WTI 5 Monthly crude oil futures settlement price is -37.63 US dollars per barrel, the first time in history …

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Gold prices jumped, as the collapse of oil prices dragged down the stock market;

Gold prices jumped, dragging the stock market lower due to the collapse of oil prices ① Gold prices rose nearly 1% on Monday, as U.S. crude oil prices fell to record lows, impacting risky assets and prompting investors to switch to safe gold; earlier, gold fell to A low of more than a week. ② Edward Moya, senior …

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WTI CRUDE FACT CHECK!!

May 2020 WTI crudes settlement date is 21st April 2020 Its a delivery base settlement Bcos of over supply & lack of demand there is hardly any space to store crude Hence no one ready to take delivery. Thats the reason only May future is crashing. So storing crude oil is becoming more difficult. Where …

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OIL FUTURES EXTEND LOSSES, U.S. CRUDE FALLS TO RECORD LOW BELOW $1 A BARREL

MAY CONTRACT FOR WTI CRUDE OIL FALLS BELOW $1.1 PER BARREL, DOWN 90% AS EXPIRATION NEAR #OOTT #OIL Get our news in real-time

#oott #DGCX #OIL #FUTURES EXTENDLOSSES, U.S. CRUDE DOWN $14A BARREL TO RECORD LOW https://bit.ly/3eF1ont20 Apr, 10:25 PM

MOODY’S ANALYST SAYS ITIS UNCLEAR HOW PEMEXWILL BE AFFECTED BY OPECPRODUCTION CUTS, OF WHICHMORE ARE LIKELY TO COME20 Apr, 10:13 PM

#ASHOKA #BUILDCON (6.58%): COCOMMENCED TOLL COLLECTIONON TOLL PROJECTS OF CO Il COSTARTED OPERATIONS AT MOSTOF PROJECTS20 Apr, 08:13 PM

Crude oil trading reminder: the spot market has collapsed, and the 05 contract hit a 21-year low! US shale oil was hit hard, but the inflection point is emerging. https://bit.ly/3eF1ont

On May 20th, the contract on May 05 plunged more than 20%, but in view of the huge difference in the fundamentals of the two months, they should be treated separately. As the month is changing, investors should be biased towards the main force when choosing contracts Contract, but 05 contract pressure will be greater. …

Continue reading “Crude oil trading reminder: the spot market has collapsed, and the 05 contract hit a 21-year low! US shale oil was hit hard, but the inflection point is emerging. https://bit.ly/3eF1ont”