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Monday, 19 December 2016

The rise in crude oil, what should we do today??

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Large oil-producing countries agreed to cut crude oil production has seen rapid. Brent crude is 0.5 per cent. While Nymex crude oil prices are above $ 52. OPEC, led by Russia, as well as nearly 18 million barrels of production cuts Garopek country are supposed to. Russia cut all oil companies to set goals that are too crude is getting stronger. In addition, Goldman Sachs has raised its estimate of the price of Brent. However, the big question is about crude demand. Also growing in the US shale production will have an impact on the market, how much it will be a case note. MCX crude oil rose by 0.7 per cent in 3535 has gone up to Rs.

The improvement was seen in gold today. South China Sea dispute between the US and China as a safe investment in gold has been shopping. COMEX gold has increased by 0.25 percent. Silver is trading with even faster. Comex has seen its price rise of 0.25 per cent. 27 230 with a gain of 0.25 per cent on MCX gold is trading around Rs.

Today has seen weakness in base metals prices. LME metals are weak on profit-booking, which is visible on the domestic market. London Metal Exchange copper prices fell 3½-week lows reached. Increased pressure on stock prices. MCX Copper is trading 1 per cent tax break.

Today has seen significant volatility in the spices. Reduction in sowing has picked up strongly in the coriander. Coriander acreage in the state is expected to fall 25 per cent in Rajasthan acreage is expected to drop 21-22 percent. Though cumin being under pressure. Turmeric is also declining. The possibility of negative growth in Malaysia palm oil prices has seen. Malaysia's palm oil board cut production estimates.

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Safal Trading is a leading investment advisory Company. We provide MCX Bullion, Gold, Silver, Crude Oil, Energy, Base Metal in MCX Market. We give Crude Oil Tips Free Trail.