Month: April 2021

Today Live Crude Oil News Update By Mcx Goal.com…..How To Trade In Today Energy Market ??

Oil Down, OPEC+ Decides on Supply Increase Even as COVID-19 Cases Continue to Rise. How To Trade In Today Energy Market ??

Oil was down Wednesday morning in Asia, as investors digested an Organization of the Petroleum Exporting Countries and its allies (OPEC+) decision to increase crude oil supply. The cartel’s decision comes as the surge of COVID-19 cases in countries including India continues to cast a shadow over fuel demand.

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Oil prices dropped on Wednesday, paring overnight gains, with soaring COVID-19 cases in India and a bigger-than-expected build in U.S. crude stocks offsetting confidence shown by OPEC and its allies in a solid recovery in global fuel demand.

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