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20 January 2019

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19-Jan-2019 (13:33)
Weekly Silver Review: COMEX Futures Extend Losses After Testing Highs Near $16 Level
19-Jan-2019 (13:24)
Weekly Crude Oil Review: WTI Futures Soar Near $54 Mark

The WTI Crude oil futures soared after witnessing some corrective moves in the week gone by. Profit selling was seen as rising US output clubbed with continued demand concerns owing to a slowdown in global economic growth hurt the sentiments. However, supportive US equities capped the downside and the counter ended around 53.70 per barrel – its five week high. MCX Crude oil futures also followed these cues and ended just above Rs 3800 per barrel.

Meanwhile, the oil cartel OPEC expects demand for the cartel's crude oil in 2019 at almost 1m barrels a day less than last year. In its monthly oil market report, OPEC noted that the production from outside of the cartel is forecast to grow by around 2.1m b/d this year marking a downward revision to average almost 64.2m b/d.

In a related news, Saudi Arabia's Energy Minister Khalid Al Falih said that oil demand remains strong and that he sees no impact from US-China trade tensions, according to media reports.

19-Jan-2019 (13:19)
Weekly Gold Review: MCX Futures Hit Highs Near Rs 32400 Levels Before Easing
18-Jan-2019 (18:57)
Agri Commodities Review: Chana And Guarseed Slumps On Long Liquidation By Traders
18-Jan-2019 (18:11)
Gold Breaks Lower, COMEX Futures At One Week Low
18-Jan-2019 (18:01)
Natural Gas Tumbles, MCX Futures Down Nearly 5%
18-Jan-2019 (15:30)
Cochilco Sees Copper Averaging $3.05 In 2019
18-Jan-2019 (15:18)
International Prices Of Imported Edible Oil At Domestic Ports As On 18th January, 2018
18-Jan-2019 (14:47)
Chana Up For Third Session, Arrivals Stay Low
18-Jan-2019 (13:43)
Commodities Buzz: EIA Expects Henry Hub Natural Gas To Average $2.89 In 2019
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