MCX Crude Oil Trading Levels 2470-2660

MCX Crude Oil Trading Levels 2470-2660

Gold Silver Reports ~ MCX Crude Oil Trading Levels 2470-2660. Crude-Oil closed near $38 a barrel in New York as the dollar’s loss eased, reducing the appeal of crude as a store of value.

Crude-Oil tumbled to a 12-year low this year before rebounding on speculation the global surplus will ease as U.S. output declines. Iran will attend talks with fellow members of the Organization of Petroleum Exporting Countries and other producers in Qatar next month, without joining their proposal to freeze output, according to a person familiar with the nation’s policy.

U.S. refineries operated at 90.4 percent of capacity in the week ended March 25, up 2 percentage points from the week before. Natural gas may move in range of 133-125 in MCX as EIA inventory data to give further direction to the prices. ~ Neal Bhai Reports


Our site is objectively in letter and spirit, based on pure Technical Analysis. All other content(s), viz., International News, Indian Business News, Investment Psychology, Cartoons, Caricatures, etc are all to give additional ambiance and make the reader more enlightening. As the markets are super dynamic by very nature, you are assumed to be exercising discretion and constraint as per your emotional, financial and other resources. This blog will never ever create rumors or have any intention for bad propaganda. We report rumors and hear-say but never create the same. This is for your information and assessment. For more information please read our Risk Disclaimer and Terms of Use.

Technically Yours,

Team, New Delhi, INDIA