Trading in crudeoil is much popular and profitable for intraday trader to earn from the mcx commodity markets. Mcx crudeoil will be trading based on the NEWS, supply and requirement also the technical indicatoros. It is very easy to make profit from crudeoil trading by simply learning some of the most important technical indicators.
We provide free crudeoil tips for intraday trading and positional trading to make the stay on profit by simply following our calls from the experts.
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is a complex mixture of various hydrocarbons found in the upper layers of the earth’s crust. Crude oil is often attributed as the “Mother of all Commodities” because of its importance in the manufacturing of a wide variety of materials. Crude oil accounts for 35% of the world’s primary energy consumption. Crude oil is used to produce fuel for cars, trucks, airplanes, boats and trains. It is also used for a wide variety of other products including asphalt for roads, lubricants for all kinds of machines; plastics for toys, bottles, food wraps, among others.
Price Moving Factors for Crude Oil are :
OPEC output, supply and spare capacities, Increased demand from emerging and developing countries; geopolitics, US crude and products inventories data, Currency fluctuations, Weather conditions, Speculative buying and selling & Changes in the refining sector, for example, a drop in the refinery utilization rate. Below are Free Mcx Crude Oil Tips.
The London Metal Exchange (LME) is the futures exchange with the world’s largest market in options and futures contracts on base and other metals. LME Inventory Reports Contains Previous Day Closing Stock of Commodities held in London Metal Exchange. Below are the Updated LME Inventory Today Report. Here is Todays MCX LME INVENTORY LEVEL Which contains Lme Copper, Zinc, Aluminium, Nickel, Lead & Tin.