Wednesday, 2 September 2015

MCX Crude Oil Decline Now @ NCDEX Food Oil also trade lower levels

The decline in crude oil has increased. In the two trading days in the international market price of crude has dropped nearly 10 percent. MCX crude oil in the domestic market dropped nearly 3 per cent to Rs 2,970 arrived.The American Petroleum Institute's inventory report was yesterday, which stores about 76 million barrels of crude oil in the US has increased. Today, the Energy Department report is forthcoming. Natural gas has also been declining. MCX Natural Gas has 1 percent to Rs 178.3.

 The impact of the decline in crude oils have had on food. Crude palm oil prices in the domestic market, slept fast and is down about 0.5 to 1 percent.

3 comments:

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