High volatility has seen in crude oil today. Crude oil declined, due to weak cues from the global market. WTI and Brent price slipped 1%. While, from next month, OPEC will reduce 12 lakh barrel crude production in the US. In this situation Crude oil price under pressure in the Global market, while in domestic market the price is flat. At MCX the crude oil is trading 0.03% down on 3499.00.
MCX Crude Tips
MCX Crude Oil 19 Dec 2016 Sell below: 3500 Targets: 3486.97, 3472.22, 3457.50 Stop loss : 3514.8.