Moneycontrol
Apr 19, 2017 01:34 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 profit booking after an up-move.


Sushil Finance's report on Crudeoil


Oil prices fell on Tuesday, then slid more in post-settlement trade after an industry group reported that U.S. crude stockpiles fell less than expected in the latest week while gasoline stockpiles grew unseasonably.


Outlook


We expect crude oil prices to trade negative on the back of profit booking after an up-move.


For all commodities report, click here


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