Crude MCX Alert – Crude Main Seller Trap Ho Gaye Ye Niche Nai Ayega – Watch Natural Gas Blast or Not –
Crude MCX Update : MCX Crude Alert — Above 5325 Target Open 5600 – Neal Bhai Reports
Crude prices’ pullback from two-week highs at $62.00 witnessed on Thursday remains contained above $61.00 so far, with the commodity on track to its sharpest weekly rally in four months, as new sanctions on Russian Oil have eased market concerns about an Oil glut.
The US benchmark WTI Oil has rallied nearly 8% this week, boosted by Washington´s announcement of sanctions against Russia’s largest crude producers, Rosneft and Lukoil. These measures are aimed at cutting down funding for the Russian war machine and forcing Moscow to negotiate a peace process “in good faith”.
Real Commodity Guru Neal Bhai – 9899900589 – 9582247600
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