Commodity Samachar, Pune – On Monday, we saw a drop in the crude oil rate just in the afternoon, but the reason behind it is something truly exciting. On Monday, the price of oil fell $2 just 2 days ahead of the US. FED meet. This was coupled with the concern about China’s fuel demand growth and Russian crude supply weighted on the market. As per several...
This is personal view/ Crude oil is trading at lower levels. We are now positive in Crude oil before Opec meet. We recommend positional buying in it.