Crude Oil prices rose more than 1% on Wednesday to their highest in nearly a month as industry data showed US crude stockpiles fell more than expected, underpinning a market already buoyed by worries over a potential US-Iran conflict.
Crude Today
Base Metal Intraday Trading Range 12 April 2019
Base Metal Prices Forecast
Base metal: Base metals Trend sideways. MCX Copper may test Rs 440 while taking support near Rs 440 on MCX.
Commodities Weekly Technical Research Report 11-03-19 To 15-03-19
Commodities Weekly Research Report
MCX Weekly Forecast : 11 March To 15 March 2019
Crude Oil Futures Tumbled Today as Global Growth Worries Weighed on the Market
These data pointers pulled the WTI Crude under $56 per barrel and the counter currently trades at $55.92 per barrel, down more than 1% on the day. Markets also preferred to book profits ahead of the US EIA weekly inventories data.
Commodities Weekly Technical Research Report 04-03-19 To 08-03-19
Commodities Weekly Research Report
MCX Weekly Forecast : 04 March To 08 March 2019
MCX Crude Trading Tips – Above 4001 Target 4220—4410, Buy on Dips – Neal Bhai
MCX Crude Trading Tips – Above 4001 Target 4220—4410, Buy on Dips – Neal Bhai
U.S. crude stockpiles fell 8.6 million barrels last week, in contrast to expectations for an increase of 2.8 million barrels, government data showed.
MCX Crude Oil Tips Above 3900 Target 4080—4140—4220
MCX Crude Oil Tips Above 3900 Target 4080—4140—4220
MCX Crude Oil settled down 3.75% at 3932 after US President Trump said oil prices are “too high”. The comment that urges OPEC to lower the cost of crude put pressure on the Saudi-led group to soften its price-boosting output cuts.