Crude oil analysis Crude oil prices shed almost all of its gains yesterday from 70$ to 66$. Currently prices are flirting with 65$. US asked OPEC countries to produce 1 million barrels per day more. US request came after US president criticized oil producing countries to raise crude prices and showed concern on rising gas […]

Crude oil analysis Crude oil crashed from 68$ to nearly 64$. Oil prices crash came as many OPEC countries are thinking to increase output as reports suggested even Saudi Arabia in favor to increase output. We have OPEC meeting later this month where major oil producing countries might announced hike in output. If production really […]