Friday, 8 August 2014

Energy News Of Commodity Market

Aug Crude Oil prices are opening higher. Prices are expected to give breakout above 6020 and buying can be seen 6085. Prices are expected to remain positive as far as it trades above 5975 for the day.

Natural Gas prices faced resistance at 246.8 as expected and prices fell sharply. Today prices are expected to have resistance at 242 and selling can be seen there. ON lower side prices can give fresh selling below 238 and can test 235 levels. Prices are expected to remain negative as far as prices trades below 245.

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