MTECHTIPS:Expect crude oil prices to remain bearish today

Nymex crude oil prices gained 2.41 percent in the last week due to decline in US crude oil inventories. However, strength in the DX capped gains in the crude oil prices.
Additionally, US fiscal cliff which remained unresolved led to expectations that it can threaten the economic growth and affect demand for the fuel. Crude oil prices touched a weekly high of $91.49/bbl and closed at $90.71/bbl in the last trading session of the week



    Comments are closed.

    NOTE : You are advised to take your position with your sense and judgment.The views and investment tips expressed by users on are their own, and not that of the website or its management. advises users to check with certified experts before taking any investment decisions. If any other company also giving same script and recommandation then we are not responsible for that. We have not any position in our given scripts. Visiting our web one should by agree to our terms and condition and disclaimer also. All credit goes to original authors of post on this website. Website owner is not responsible for any loss due to your own decision or judgement. Thanks for Visiting our Website.