Moneycontrol
Jun 15, 2017 02:13 PM IST | Source: Moneycontrol.com

Expect crude oil prices to trade negative: Sushil Finance

According to Sushil Finance, expect crude oil prices to trade negative on the back of unexpected large build in gasoline inventories.


Sushil Finance's report on Crudeoil


Crude oil prices slumped nearly 4 percent to their lowest close in seven months on Wednesday, hit by an unexpected large build in gasoline inventories and an international outlook that suggests a big increase in supply in the coming year.


Outlook


We expect crude oil prices to trade negative on the back of unexpected large build in gasoline inventories.


For all commodities report, click here


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