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Wednesday, October 12, 2011

How To Trade in Commodities :- Crude oil on MCX | Crude Tips For Today

Yesterday crude oil closed in red signal and today still crude oil trading in down side around 1 percent on MCX.The decline in crude oil is still continuing on Tuesday. On MCX, crude oil is trading at around 1 per cent. Although crude oil prices is still up to Rs 4,200. The decline in crude oil trading at NYMEX going on, but the price is above $ 85. While OPEC has reduced its estimate on the demand for crude oil crude oil prices which are in pressure situations.
I expect Selling pressure in Crude oil Today.
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