Home

 
India Bullion iPhone Application
  Quick Links
Currency Futures Trading

MCX Strategy

Precious Metals Trading

IBCRR

Forex Brokers

Technicals

Precious Metals Trading

Economic Data

Commodity Futures Trading

Fixes

Live Forex Charts

Charts

World Gold Prices

Reports

Forex COMEX India

Contact Us

Chat

Bullion Trading Bullion Converter
 

$ Price :

 
 

Rupee :

 
 

Price in RS :

 
 
Specification
  More Links
Forex NCDEX India

Contracts

Live Gold Prices

Price Quotes

Gold Bullion Trading

Research

Forex MCX India

Partnerships

Gold Commodities

Holidays

Forex Currency Trading

Libor

Indian Currency

Advertisement

Forex MCX India

Link Exchange

 
MW: Oil prices tumble after OPEC report shows Saudi production rising
 
Crude futures reversed direction and turned lower on Tuesday, after a monthly report from the Organization of the Petroleum Exporting Countries showed production out of Saudi Arabia cresting back above 10 million barrels of oil per day.

Light, sweet crude for April delivery CLJ7, -1.30% tumbled 77 cents, or 1.6%, to $47.64 a barrel on the New York Mercantile Exchange. Brent LCOK7, -1.01% , the global benchmark, dipped 70 cents, or 1.4%, to $50.64 a barrel.

OPEC’s latest monthly report revealed that crude oil out of Saudi Arabia came in at 10.011 million barrels a day in February, in figures submitted by the country. However, OPEC’s own calculations showed production fell further to 9.797 million barrels a day.
Source