MCX Crude

MCX Crude Tips Rocking – 4100 to 4069 – Don’t Miss It, Fast Join Day Trading for Small Trader’s

MCX Crude Tips Rocking – 4100 to 4069 – Don’t Miss It, Fast Join Day Trading for Small Trader’s

Crude Oil on MCX settled down 1.38% at 4077 due to excess supply in the market and on uncertainty over a potential trade deal between the U.S. and China. U.S. shale production is likely to climb by 49,000 barrels a day in December to 9.133 million barrels a day.

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Crude Oil reserves in America fell more than expected, crude oil crossed $95

Crude Oil imports support rise in consumption as production fall in August

India’s crude oil production in August decreased 5.4% year-on-year. Production volumes of Oil and Natural Gas Corporation (ONGC) and Oil India Limited (OIL) declined 3.7% year-on-year and 4.3% year-on-year, respectively, and that of fields under production-sharing contracts decreased 9.5% year-on-year during the month, rating agency India Ratings and Research (Ind-Ra) said its monthly report.

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