Category Archives: Blog

  • -

Market Mover in Natural Gas

As per Crude Operator commodity market research report MCX Natural Gas currently Trading at 222, down by 1.51% technically now mcx natural gas resistance at 225 and support at 221 if mcx natural gas january sustain above 225 then it move 227 on the other hand if prices trade below 221 then it will move down to 219.


  • -

Base Metal & Energy

Crude Operator research analysts who are specially  in Metals & energy market track these highly volatile mcx commodities.Our team keeps an eye on international market and correlates the Indian market with it, in this service you can get intraday trading calls in MCX base Metals & Energy . In this package you can earn maximize profit with our high accurate calls with good percentage of accuracy. In commodity Metals & Energy segment we provide sure shot tips on base metals Aluminium, Copper, Nickel, Lead, Zinc and energy Segment- Mcx Crude Oil & Natural Gas with a high profit margin for client & Investor. 


  • -

Copper News Alert

As per our news Copper crept higher on Tuesday as the dollar struggled amid concern of U.S>Protectionism under the newly-formed administration of president Trump Donald. The Dollar wallowed near seven-week low in Asian trade, pressured by concerns about the impact of U.S President Trump Donald’s protectionist trade stance.

 

A weaker Dollar Makes dollar – denominated assets such as copper cheaper for holders of other currencies.


  • -

  • -

CRUDE OIL UPDATE

International market CRUDE Oil fell Monday as a jump in the U.S. rig count outweighed an upbeat output cut compliance meeting.
Brent crude shed 48 cents, or 0.87%, to $55.01 at 07:45 ET. U.S. crude lost 62 cents, or 1.16%, to $52.60.
Baker Hughes U.S. rig count data Friday showed a jump of 29 to 551, the highest level in 14 months.
That could point to higher U.S. shale output, which could offset the positive impact of the output cuts.
OPEC and non-OPEC producers held a meeting on the implementation of the cuts over the weekend.
The accord calls for a reduction of some 1.8 million barrels a day in the first half of this year.
Saudi Energy Minister Khalid al-Falih estimated the level of compliance at already 80%.
call Us For More Info. : 9022610061


  • -

MCX Crude Oil

(Reuters) – Halliburton Co (N:HAL), the world’s No. 2 oilfield services provider, reported its first quarterly operating profit in North USA in a year as oil producers put more rigs back to work in North USA Peopleshale fields.
The company, however, warned of weakness in markets outside North USA, echoing comments made by larger rival Schlumberger (N:SLB) last week.
Halliburton’s shares were down 0.8 percent at $56 in premarket trading on Monday.
“Despite the positive sentiment surrounding the North USA People land market, it is important to remember that our world is still a tale of two cycles,” Chief Executive Dave Lesar said in a statement.
“The North USA market appears to have rounded the corner, but the international downward cycle is still playing out.”
The strong performance in North USA , mainly due to increased pricing and utilization onshore United States, helped the company beat profit estimates for the quarter.
Shale producers, encouraged by a rise in crude oil prices after a slump of more than two years, have been drilling and completing more wells in North USA.
U.S crude (CLc1) prices have more than doubled since hitting a multi-year low of $26.05 in February.
Revenue from North USA rose 8.7 percent to $1.8 billion in the fourth quarter from the third quarter, accounting for 44.8 percent of the total revenue.
The average U.S. rig count, which hit a multi-year low in May, rose by more than a fifth in the period.
In contrast, international markets are yet to recover with most oil companies reluctant to increase spending on expensive deepwater and mature oilfields.
Schlumberger NV (N:SLB), which reported a more than 8 percent drop in fourth quarter revenue on Friday, said it does not expect a “dramatic” short-term recovery in international markets.
Schlumberger is far more reliant on markets outside North USA than Halliburton or Baker Hughes Inc (N:BHI).
Net loss attributable to Halliburton widened to $149 million, or 17 cents per share, in the fourth quarter ended Dec. 31, from $28 million, or 3 cents per share, a year earlier.
Excluding charges of $169 million, the company earned 4 cents per share, beating the average analyst estimate of 2 cents, according to Thomson Reuters I/B/E/S.
Revenue fell 20.9 percent to $4.02 billion, missing analysts’ estimate of $4.09 billion.
Halliburton shares have risen more than 58 percent in 2016.


  • -

crude oil update

Oil fell Monday as a jump in the U.S. rig count outweighed an upbeat output cut compliance meeting.
Brent crude shed 48 cents, or 0.87%, to $55.01 at 07:45 ET. U.S. crude lost 62 cents, or 1.16%, to $52.60.
Baker Hughes U.S. rig count data Friday showed a jump of 29 to 551, the highest level in 14 months.
That could point to higher U.S. shale output, which could offset the positive impact of the output cuts.
OPEC and non-OPEC producers held a meeting on the implementation of the cuts over the weekend.
The accord calls for a reduction of some 1.8 million barrels a day in the first half of this year.
Saudi Energy Minister Khalid al-Falih estimated the level of compliance at already 80%.


Paid Trial

Translate »