Today's Crude Market Up Date By Ripples Advisory

Crude futures pulled back from 2016 highs early on Thursday as traders locked in profits after April's sharp rally, but analysts said falling U.S. production and strong investor appetite could push prices higher.

 International Brent crude futures were trading at $47.02 per barrel at 0045 GMT, down 16 cents from their last settlement, and U.S. West Texas Intermediate (WTI) futures were down 12 cents at $45.21 a barrel.

 U.S. crude stocks climbed 2 million barrels last week to an all-time peak of 540.6 million barrels, traders said. U.S. crude futures were down 0.2 percent in early Asian trading at $45.17 a barrel, after hitting their 2016 high of $45.62 following the Fed's decision. Brent also rose to the highest for this year at $47.45, but shed 0.3 percent in Asian trade to $47.04.

Ripples Advisory Is a leading Stock Advisory Company In India.We are Providing stock advisory tips,Best stock advisory company in indore, crude market tips on mobile with 90-95% accuracy level.

Comments

Popular posts from this blog

Daily equity Market By Ripplesadvisory Report 16-Aug-2016

Axis Bank agrees to buy to payments wallet provider FreeCharge for $60 million

Axis Bank Declines after Reporting Tepid Q4 Results