Crude oil prices are seeing failing
today. In the first half of the year 2019, the heaviness on crude is likely to boost
the stock. According to the Best Commodity Tips
Provider, crude reserves can increase by 20 million barrels in the first
half of next year. However, the IEA has not made any deduction in the
estimation of demand. Due to the ongoing trading war between Bregzit and the
US-China, gold has managed to stay above $ 1,200.
There is a slight weak spot in
the dollar index today. Natural gas continues to grow. In the US, natural gas
reserves are at the bottom of the 15-year period, with prices getting support.
The US is expected to have severe cold this year, which is also helping prices
get support. Talking of base metals, most of the metals in Shanghai are trading
with weak spot due to China's poor data.
Best Commodity Tips
Provider Investment Advice
Soybean NCDEX (December futures): Buy - Rs 3380, Stop Loss -
Rs 3333, Target - Rs 3470
Crude Palm Oil MCX (November Futures): Buy - Rs 527, Stop
Loss - Rs 521, Target - Rs 541
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