By Administrator_India Capital Sands Oil prices tumbled on Monday as a fast-spreading new coronavirus strain that has shut down much of Britain and led to tighter restrictions in Europe sparked worries about a slower recovery in fuel demand. Brent crude…
By Administrator_India Capital Sands Oil prices dipped in early trade on Tuesday, with demand worries due to tighter lockdowns in Europe outweighing relief from vaccination rollouts and concerns about a flare-up of tension in the Middle East. U.S. West Texas…
By Administrator_India Capital Sands Gold prices steadied on Monday as grim U.S. jobs data bolstered hopes for more fiscal stimulus, although optimism around coronavirus vaccine rollouts kept gains in check. Spot gold prices were steady at $1,837.04 per ounce by…
By Administrator_India Capital Sands Gold fell to a four-month low as growing optimism over a coronavirus vaccine and signs of a increasing momentum in US economic growth stifled demand for the metal as a haven. Bullion extended last week’s loss after AstraZeneca…
By Administrator_India Capital Sands Oil was up on Tuesday morning in Asia as a rollout of at least one COVID-19 vaccine within the next month looks increasingly certain, promising increased demand in the new year. Also, the U.S. presidential transition…
By Administrator_India Capital Sands “Since April we have seen a miraculous recovery in oil demand – which is now at about 92% of pre-pandemic levels, but it’s too early to declare an end to the COVID-19 oil demand destruction era,”…
By Administrator_India Capital Sands Gold was X on Wednesday morning in Asia, hit by U.S. President Donald Trump’s shock cancellation of talks over the latest stimulus measures and a strengthening dollar. Gold futures slid 1.17% at $1,886.45 by 11:44 PM ET…
By Administrator_India Capital Sands Oil inched up on Monday morning in Asia, with concerns about new supply from reopening Libyan reserves balanced out by news of yet another shutdown on the way for U.S rigs in the Gulf of Mexico,…
By Administrator_India Capital Sands Oil prices slipped on Thursday, extending losses of more than 5% in the previous session, weighed down by record high U.S. crude inventories and worries that a rapid resurgence in COVID-19 cases could choke a revival in fuel…
By Administrator_India Capital Sands Oil was down on Tuesday morning in Asia, giving up its earlier gains from the session. Brent oil futures fell 0.46% to $42.88 by 10:17 PM ET (3:17 AM GMT) and WTI futures slid 0.61% to $40.48. Investors were…
