On the back of Crude inventories data released by American Petroleum Institute(API), according to which inventories fell less than expected, the commodity declined sharply citing lower demand. For further confirmation of the same one can watch crude inventories data about to be released by US government's Energy Information Administration (EIA) at 20:00 Hrs IST....
CRUDE HAS TRAVELED TO BUY TREND WITHOUT ANY RETRACEMENT FROM DECEMBER MONTH. SO THERE WILL BE A CORRECTION OF 500 POINTS AS TARGET 1 & 1000 POINTS HAS TARGET 2
