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Crude Oil Updates

Doha Meeting Fails; Saudi-Iran Clash

Oil prices rallied by more than 50 percent ahead of expectation of oil deal between OPEC and some of the Non-OPEC nations. Unfortunately, due to absence of any deal, crude prices fell 5 percent today as the fight to capture and maintain the market share still goes on. During the […]

OPEC & Non-OPEC To Meet In April Minus Iran

The fallen Oil prices for the past two years have presented an economic worry for the oil producing nations including the Non-OPEC members. Though the strategy seems working for the OPEC nations to continue record production thereby slamming the US shale producers in the long term; Oil producers around the […]

Will ECB Lend An Helping Hand To Base Metals

ECB Draghi fulfilled all the expectations by reducing the main benchmark rates to zero from 0.05%, increasing the size of asset purchase programme to 80 billion euros and timing of bond-buying programme to be extended until September 2017, reducing the deposit rates to -0.4% and the marginal lending rates to […]