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Showing posts with label crude oil outlook. Show all posts
Showing posts with label crude oil outlook. Show all posts

Friday, October 14, 2011

MCX Crude Oil and Commodity Bullion Tips Today

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Crude Oil Prices I expect that will trade within $90-$112 per bbl. and within 6 months seeming touch $103 per bbl.European economies have decelerated. Liquidity remains strong and plentiful, thus hopes of edging past a recession remain.
Global economy is likely to slow down, Crude oil price is not expected to fall.Since the world GDP growth has to fall below 2% for a contraction in global oil demand, such a scenario is unlikely.
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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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