Wednesday, 27 May 2015

Energy News and Tips in Commodity Market

Crude Oil
Oil prices declined on Tuesday with WTI and Brent falling by 2.8 and 2.7 percent respectively. Stronger dollar weighed on dollar-denominated crude oil futures along with concerns that a recent rally might keep U.S. producers active.

On the MCX, crude prices traded lower by 2.7 percent to close at Rs.3725/bbl.

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