MCX Crude Oil Tips

Posted by Unknown on Friday, August 5, 2011

MCX Crude Oil Tips View 5 August :- After touching the $ 84 level seems to take over crude oil. Naimaks crude oil prices have risen above 86 dollars a barrel. Have come down. On MCX, crude oil is trading close to Rs 3860 Rs. Pressure on crude oil has 4 consecutive days. Expected slowdown in U.S. demand for crude oil have been feared to drop. Stores in the U.S. escalated the pressure on crude prices. Experts say that crude oil may continue to pressure the economic situation.So, crude oil prices may fall to $ 80 a barrel.

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