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Crude Oil prices to move higher towards 3210 levels: Choice


Choice Equity Broking report on Crude OilCrude OilMCX Crude Oil price has completed a  “Bearish AB=CD Harmonic Pattern” at 3330  levels . Moreover prices has continuously faced

Oil prices top $50, Asian shares struggle as China sags

26-05-2016| Source:Reuters

Brent oil futures climbed above USD 50 a barrel on Thursday for the first time in nearly seven months, boosted after US government figures showed a sharper-than-expected drawdown in crude stocks last

Crudeoil to trade in 3209-3369. range: Achiievers Equities


According to Achiievers Equities, Crude oil rallied as a strin of production slowdowns in Canada, Nigeria and Libya in recent weeks has provided upside pressure.

Oil nears $50 as US inventories fall

25-05-2016| Source:PTI

The American Petroleum Institute yesterday reported that crude inventories dropped by 5.14 million barrels last week, Bloomberg News reported. Data from the Energy Information Administration due

Oil prices climb as US crude stocks seen shrinking  

25-05-2016| Source:Reuters

Oil prices were also supported by an overnight surge in US equities and strong US home sales that could point to the US Federal Reserve raising interest rates as early as June.

Expect Crude Oil prices to trade lower today: Angel Commodities


According to Angel Commodities , we expect oil prices to trade lower on profit booking at higher levels, besides, Iran has vowed to increase its exports of crude in the coming months creating bearish

Oil prices continue dip with stronger dollar

24-05-2016| Source:PTI

Oil extended losses in Asia today as a stronger US dollar and progress in controlling wildfires in Canada's crude-producing Alberta province dampened prices.Hawkish remarks by US Federal Reserve

Oil prices little changed as dollar gains, US drawdown seen

24-05-2016| Source:Reuters

Oil prices were little changed in thin early Asian trade on Tuesday as a firmer dollar weighed on oil markets while a likely drawdown in US crude and gasoline stockpiles pointed to stronger demand

Crudeoil to trade in 3205-3371. range: Achiievers Equities


According to Achiievers Equities, Crude oil prices pared gains amid broad signals that supply disruptions in Nigeria, Canada and Libya are about to end.

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