Global oil refineries facing problem due to quality issues

Global refineries are starting to feel the pinch with the global crude quality issue worsening. Coking margins are getting absolutely hammered as the oil market faces a shortage of heavy sour crude. On the other end, a surplus of gasoline resulting from supply growth from U.S. shale has also destroyed gasoline crack spreads. On a […]

Continue Reading

Precious metals ended with profits, while crude oil price climb up

This week commodity market Gold, Silver and Crude Oil futures contracts closed with gains and losses as follows: GOLD 10 g” (99.9 Pure) In the commodity market last week Gold February 2019 futures contract closed at ₹32,091 with the aggregate gain of ₹163 only This week Gold Feb futures contract opens at ₹32,044 on Monday […]

Continue Reading

Is it world bank forecast on crude oil price is true?

This week commodity market Gold, Silver and Crude Oil futures contracts closed with gains as follows: GOLD 10 g” (99.9 Pure) In the commodity market last week Gold February 2019 futures contract closed at ₹31,456 with the aggregate loss of ₹142. In current week Gold Feb futures contract opens at ₹31,529 on Monday Gold highest […]

Continue Reading