Moneycontrol Be a Pro
Get App
Last Updated : Jun 16, 2017 01:52 PM IST | Source: Moneycontrol.com

Crudeoil to trade in 2840-2912: Achiievers Equities

According to Achiievers Equities, Crudeoil prices still continued to sustained below $45 mark although the pace of the collapse slowed, as traders continued to assess yesterday's Fed announcement.


Achiievers Equities' commodity report on Crudeoil


Crudeoil trading range for the day is 2840-2912.

Crudeoil prices still continued to sustained below $45 mark although the pace of the collapse slowed, as traders continued to assess yesterday's Fed announcement.

The International Energy Agency says it expects oil supplies next year to outpace demand despite consumption hitting 100mbpd for the first time.

Close

OPEC and its allies have promised to restrict output until at least the end of the first quarter of next year to try to drain surplus supply.

BUY CRUDEOIL JUN 2017 @ 2850 SL 2820 TGT 2890-2930.MCX.

For all commodities report, click here


Disclaimer: The views and investment tips expressed by investment experts/broking houses/rating agencies 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.



Are you happy with your current monthly income? Do you know you can double it without working extra hours or asking for a raise? Rahul Shah, one of the India's leading expert on wealth building, has created a strategy which makes it possible... in just a short few years. You can know his secrets in his FREE video series airing between 12th to 17th December. You can reserve your free seat here.
First Published on Jun 16, 2017 01:52 pm
Loading...
Follow us on
Available On