Expect crude oil prices to decline further: Nirmal Bang

Published on Thu, Jul 22, 2010 at 09:50 |  Source : Moneycontrol.com

Updated at Thu, Jul 22, 2010 at 09:51  

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Expect crude oil prices to decline further: Nirmal Bang

Nirmal Bang has come out with a research report on commodities. The broking firm expects a further decline in the prices of crude oil.

The report says, "Crude oil prices are trading firm on NYMEX today after yesterday's slump. We expect a further decline in the prices of crude oil for the day tracking weaker Asian equity markets and a stronger US dollar."

Disclaimer: The views and investment tips expressed by investment experts on moneycontrol.com are their own, and not that of the website or its management. Moneycontrol.com advises users to check with certified experts before taking any investment decisions.               

To read the full report click on the attachment

Attachments : Commodity_July 22.pdf

  

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