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  • Showing posts with label crude oil outlook. Show all posts
    Showing posts with label crude oil outlook. Show all posts



    NYMEX Crude oil has been dropped by around 1 percent. The Overseas crude oil is showing a bearish trend in the market. Currently Crude oil at NYMEX is trading at $ 90.60 a barrel. Which is almost the lowest of last 7 weeks. Supply of crude oil from Saudi Arabia are expected to grow in the near term. Worldwide demand for crude oil is getting less while the supply is becoming at it's high. Worldwide supply of crude oil have risen by 2.9 percent from January to August. In September, U.S. crude oil stocks rose 9 per cent.OPEC oil production in August increased by 260,000 barrels per day.

    MCX Crude Oil Trading Tips For Today

    By taking above global cues we are expecting that in near term the crude oil prices in the domestic market may go down. Hence We advise you to Sell around 4900 levels with a stop loss placed above 4950 levels for targets of 4840 levels.

    Register your Mobile Number To Get Free Commodity Trading Tips, MCX Base Metal (Copper, Lead, Nickel, Zinc, Aluminium) Tips, MCX Bullion (Gold, Silver) Tips, MCX Energy (Crude Oil, Natural Gas) Tips for Today & Tomorrow 27 September 2012.
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    MCX Crude Oil Updates:

    MCX Crude oil purchase in the international market has been declined here on Friday's trade.Selling pressure was observed in today's trade in the crude oil. The crude oil in the domestic market is on down trend. Crude oil is trading below 5000 price level in the domestic market.


    MCX Crude oil Trend:- 

    Crude oil prices to trade with sideways with upward bias on 
    account of upbeat global market sentiments along with weakness in the DX.


    MCX Crude oil Tips For Today 28 July 2012

    Buy Crude oil above 4990, with Stop loss 4965, Target 5015. Else Sell below 4965, Stop loss 4990, Target 4940.


    TO GET FREE CRUDE OIL TIPS, CRUDE OIL UPDATES, CRUDE OIL SUPPORT &RESISTANCE, CRUDE OIL NEWS, CRUDE OIL TREND, CRUDE OIL RECOMMENDATIONS FROM TODAY 28 JULY to 30 July 2012.

    FILL THE FREE TRIAL FORM FOR LIVE MCX TIPS NOW !!! TO GET ALL THE STUFF FREE.




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