WTI Financial Futures forum
CRUDEOIL1! Book ye profit, stap wiseCRUDEOIL1! Hello dear, 6277 to 6361, boloCRUDEOIL1! CMP 6177, stoploss 6166, Buy,only high risky traders
CRUDEOIL1! follow karlo or contact karloCRUDEOIL1! gir gaya na crude ha ha ha kamaya kya short karkeCRUDEOIL1! girne ke liye tayar baitha haiCRUDEOIL1! Oil prices fall more than 1% as immediate concerns over supply disruptions ease after U.S. President Trump paused tariffs on Mexico and Canada, the country's biggest foreign suppliers of crude. Brent is down 1.3% at $74.95 a barrel, while WTI falls 2% to $71.70 a barrel. Meanwhile, as a 10% U.S. tariff on Chinese imports came into effect Tuesday, Beijing announced its decision to retaliate with a 15% tariff on U.S. coal and liquefied natural gas imports and a 10% levy on American crude oil and agricultural machinery, starting Monday. The move raised fears of a trade war that could ultimately hurt global growth and dampen demand, putting further pressure on prices.CRUDEOIL1! WTI crude oil futures fell below $72 per barrel on Tuesday after China announced a package of tariffs on a range of U.S. products in response to President Donald Trump's tariffs, heightening concerns about a potential trade war between the world’s two largest economies.China said it will impose tariffs of 15% on coal and LNG imports from the U.S. and 10% on crude oil, farm equipment, and certain cars, effective February 10.
This move came after the passing of a deadline that imposed a 10% U.S. tariff on all Chinese goods.
Trump had earlier delayed planned levies on Canada and Mexico by a month after both countries agreed to boost border enforcement to address Trump's concerns over immigration and drug smuggling.
Elsewhere, OPEC and its allies upheld their existing oil production plans at a review meeting on Monday, despite Trump’s calls to lower crude prices by expanding output.
CRUDEOIL1! good morning all of you
CRUDEOIL1! Crude couldnt break the strong resistance around 6520 / the day high of WTI and fell .Rupee eased down a little and Trump delayed the tariffs on mexico and discussions with canada as fundamental reasons + OPEC meet decisions