MTECHTIPS;-MCX Crude Falls Near Rs 4900 Mark MTECHTIPS- Crude oil Continued worries over the global trade frictions weighed on the Asian equities today and the WTI Crude also remained tense as a result. The commodity has slipped from a recent four year high and currently trades at $71.58 per barrel, down 0.36% on the day. MCX Crude oil futures are currently trading at Rs 4903 per barrel, down 0.20% on the day. Asian stocks mostly slipped after the US government launched a national security probe into auto imports that could lead to new tariffs and escalate the ongoing US-China trade conflict. WTI Crude oil futures have dropped for a third session today. Prices eased yesterday after the US crude oil inventories, excluding the Strategic Petroleum Reserve, increased 5.8 million barrel for the week ended May 18, according to US Energy Information Administration data. The latest MTECHTIPS-Apply For 2 Days Free Trails Equity & Commodity Tips WWW.MTECHTIPS.COM 07489294118-119
Published on May 24 2018 4:07PM, by MTECHTIPS in Commodity tips| Share This