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

 
OFF: Oil prices slip as US crude production surges
 
Oil prices have dropped amid reports of another increase in US crude stocks that triggered concerns among investors over the ongoing global oversupply.

Brent crude futures dropped by 30 cents to $50.66 a barrel, while US West Texas Intermediate (WTI) crude futures plummeted by 28 cents to trade at $47.96 a barrel, reported Reuters.

The American Petroleum Institute (API) reported that US crude oil inventories soared by 4.5 million barrels in the week ending 17 March to reach 533.6 million barrels. Analysts expected a 2.8 million barrel increase.

The official figures about the stock size will be released by US Energy Information Administration (EIA) later.

Source