Crude oil has rallied
strongly. Domestic and international crude oil has jumped 2 percent
today. The decision to continue the moratorium on crude exports is
increasingly being viewed. US crude oil exports will not. The last
forty years of US restrictions on crude exports will continue.
The news in the international
crude oil prices have gone up. The price of crude in the
international market has been bouncing around 2 percent. On the Nymex
price has gone beyond $ 45. The domestic market is trading with a
gain of nearly 2 percent. MCX crude oil September futures trading at
Rs 3010 with growth of 1.86 per cent is.
Over all Trend in MCX Crude
oil:
MCX Crude oil is looking Up
trend. MCX Crude can touch the level of 3,300 under 15 days. So all
investors can buy MCX Crude oil Around 2900 target 3150, 3300.
Traders should always keep themselves well updated with market movements for earning rich returns on investment. Experts advisable stock futures tips also helps in earning good profit.
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