MCX Crude Oil Trade pressurised Today @ Sell for Intraday Trading

Crude is seems under pressure in the domestic market. The global market gains have been reduced. Yesterday, it had declined around 3 percent. The American Petroleum Institute said US crude stocks of 1.4 million barrels in the last week has increased. The International Energy Agency said that next year or the first half of 2017 over the global supply of crude oil is expected to remain.

In the domestic MCX Crude oil is trading under pressure due to global factor. Crude on MCX trading around 3030 in September future contract.

@MCX Crude intraday trader can Sold MCX Crude oil around 3030 September contract targets 3010, 2990 Stop Loss 3059.

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