Mcx Commodity Market Calls of India – MCX Crude Oil Tips – Free Crude Market Calls, Trend Today & Live chart , Free Trading Tips, Crude Support & LME. Natural Gas, Crude oil Inventory Data Report. Mcx Contract Expiry Date.
Gold Silver Reports — Indian Crude Oil Basket Stays Under $51 Mark — The international crude oil price of Indian Basket as computed today by Petroleum Planning and Analysis Cell (PPAC) under the Ministry of Petroleum and Natural Gas was US$ 50.44 per barrel (bbl) on 17.03.2017.
Gold Silver Reports — Crude oil futures witnessed a heavy tumble as rising output from the US remained a threat to efforts by other major producers to re-balance the market.
Gold Silver Reports — Technically Crude oil market is under short covering as market has witnessed drop in open interest by -15.15% to settled at 13534 while prices up 8 rupees.
Gold Silver Reports — Crude Oil Expected Trading Zone Levels 3530-3630 — Technically market is getting support at 3530 and below same could see a test of 3502 level, And resistance is now likely to be seen at 3630, a move above could see prices testing 3710.
Gold Silver Reports — Crude Oil Market Signal Turns Bullish — Forward prices for crude oil are signaling tightening supply for the first time since the market crashed in 2014.
Gold Silver Reports — Russia overtook Saudi Arabia as the world’s largest crude producer in December, when both countries started restricting supplies ahead of agreed cuts with other global producers to curb the worst glut in decades.
Gold Silver Reports — A glut of refined products has worsened the alreadygrim report for US crude oil for the rest of the year and the first half of 2017, traders warned this week, as the spread between nearterm and future delivery prices reached its widest in five months.