Crude oil is a complex mixture of various hydrocarbons found in the upper layers of the earth’s crust. Crude oil is often attributed as the “Mother of all Commodities” because of its importance in the manufacturing of a wide variety of materials. Crude oil accounts for 35% of the world’s primary energy consumption. Crude oil is used to produce fuel for cars, trucks, airplanes, boats and trains. It is also used for a wide variety of other products including asphalt for roads, lubricants for all kinds of machines; plastics for toys, bottles, food wraps, among others.
OPEC output, supply and spare capacities, Increased demand from emerging and developing countries; geopolitics, US crude and products inventories data, Currency fluctuations, Weather conditions, Speculative buying and selling & Changes in the refining sector, for example, a drop in the refinery utilization rate. Below are Free Mcx Crude Oil Tips
Posted On: 09/03/2015 at 12:37 PM Comment : 0 Tips ID - 1d24
MCX SHORT TERM CALL Mcx Short Term Call – Buy Crude Oil March at 3110 – 3122 with stoploss 3080 for Target of 3156 – 3188 – 3215. Current Market Price is 3121. Mcx Crude trading Market calls
Posted On: 05/03/2015 at 11:45 AM Comment : 0 Tips ID - 1cb6
CRUDE SUPPORT LEVEL TODAY Crude Support Level Today – Crude – Immediate support @ 3205 and continuation of trading above it will open for 3247/3271/3300 levels. Intraday support is at 3159 levels, below 3189 levels
Posted On: 04/03/2015 at 2:11 PM Comment : 0 Tips ID - 1c85
MCX CRUDE OIL TODAY TARGET CALL Mcx Crude Oil Today Target – Sell Mcx Crude at Current Market Price 3165 with stoploss limit of 3210 for target price of 3130 – 3120. Mcx Crude Intraday Tips free
Posted On: 02/03/2015 at 9:31 PM Comment : 0 Tips ID - 1c4e
MCX CRUDE CALL Mcx Crude Call – Sell Crude Oil at 3172 (Current Market Price 3174) with stoploss limit of 3200 for Target Price of 3140 – 3120 – 3100. Mcx Crude Intraday Trading tips for Commodity Market of...