MTECHTIPS:-Crude moves lower amid delays in Iran talks, preliminary Greek deal
Crude futures moved lower on Monday, amid a stronger dollar supported by a preliminary Greek bailout deal and further delays in Iranian nuclear talks. On the New York Mercantile Exchange, WTI crude for August delivery fell 0.57 or 1.05% to $52.20 a barrel. During Monday’s session, WTI crude futures traded in a broad range between $51.28 and $53.17. U.S. crude futures are now down approximately 13% since closing above $61 on June 23. On the Intercontinental Exchange (ICE), brent crude for August delivery reached a session-high of $59.14 a barrel, before dipping to 58.17, down 0.81 or 1.38%. Brent futures have fallen about 7.75% since closing at $64.45 on June 23. The spread between the international and U.S. benchmarks of crude stood at 5.97, below Friday’s level of 6.26.On Monday afternoon, Iran foreign minister Mohammad Javad Zarif told the Iranian News Agency that no deal will be reached on a comprehensive nuclear deal before the expiration of a midnight deadline. Over the last two weeks, Iran and a group of six western powers have extended the deadline on a final agreement three separate times amid sticking points on the easing of missile, political and economic sanctions against the Gulf state.The White House, meanwhile, emphasized that “genuine progress,” had been made in the negotiations in spite of the further delays.
“A business is successful to the extent that it provides a product or service that contributes to happiness in all of its forms.” "To provide best value for money to clients through personalized service, innovative products, best trading and investment strategies and state-of-the-art technologies. We at Mtech tips believe that 'Our services combined with our clients trust will lead to a prosperous Mtech tips family'".
We are entirely client centric, with a clear focus on providing long term value addition to clients, while maintaining the highest standards of excellence, ethics and professionalism. We are committed for:
• Integrity and transparency in all Services.
• Providing investment solutions based on quality and unbiased research.
• Providing personalized services to all Subscriber and business associates.
• Achieving success through client’s growth.
Latest posts by MTECHTIPS (see all)
- MTECHTIPS;-Silver to trade in 41190-42350 range: Achievers Equities - February 1, 2017
- MTECHTIPS-Apply For 2 Days Free Equity & Commoditytrial tips - February 1, 2017
- MTECHTIPS:- Bank Nifty FEB Future: - February 1, 2017