Mutual Funds Commodities Research Tax Planning IPO Our Team Contact Us  
Google
Web www.equitybulls.com
Commodities

| More

Crude Oil - July 8, 2021 - Reliance Securities

Posted On: 2021-07-08 12:04:28 (Time Zone: UTC)


Mr. Sriram Iyer, Senior Research Analyst at Reliance Securities

International oil prices are lower on Thursday early afternoon trade in Asia as Investors continue to keep an eye on the ongoing production dispute between Saudi Arabia and the United Arab Emirates (UAE) impacting global fuel supply.

As of today, there is no new deal and investors fear about how the OPEC+ stalemate will impact the future output.

Meanwhile, markets could look to cues from the U.S. crude oil supply data expected to be released by the U.S. Energy Information Administration later in the day.

Technically, WTI Crude Oil below $71.80 level will continue its Bearish momentum up to $70.80-$69.75 levels. Resistance is at $72.20-$72.80 levels.

Domestic oil prices are also trading weaker on Thursday early afternoon trade, tracking overseas prices.

Technically, MCX Crude Oil July holds a Resistance near 5430-5510 levels. Support is at 5340-5280 levels.

Disclaimer: The recommendations, if any, made herein are expression of views and/or opinions and should not be deemed or construed to be neither advice for the purpose of purchase or sale of any security, derivatives or any other security through RSL nor any solicitation or offering of any investment /trading opportunity on behalf of the issuer(s) of the respective security(ies) referred to herein. These information / opinions / views are not meant to serve as a professional investment guide for the readers. No action is solicited based upon the information provided herein. Recipients should rely on information/data arising out of their own investigations. Readers are advised to seek independent professional advice and arrive at an informed trading/investment decision before executing any trades or making any investments. While due care has been taken to ensure that the disclosures and opinions given are fair and reasonable, none of the directors, employees, affiliates or representatives of RSL shall be liable for any direct, indirect, special, incidental, consequential, punitive or exemplary damages, including lost profits arising in any way whatsoever from the information / opinions / views contained herein.


Source: Equity Bulls

Click here to send ur comments or to feedback@equitybulls.com


Other Headlines:

Gold and Silver - Weekly Wrap - Sep 25, 2021 - Reliance Securities

Crude Oil - Weekly Wrap - Sep 25, 2021 - Reliance Securities

Copper - Weekly Wrap - Sep 25, 2021 - Reliance Securities

Copper - Weekly Wrap - Sep 18, 2021 - Reliance Securities

Crude Oil - Weekly Wrap - Sep 18, 2021 - Reliance Securities

Gold & Silver - Weekly Wrap - Sep 18, 2021 - Reliance Securities

Crude Oil - Sep 15, 2021 - Mr. Tapan Patel - Senior Analyst (Commodities), HDFC Securities

Gold - Sep 15, 2021 - Mr. Tapan Patel - Senior Analyst (Commodities), HDFC Securities

Crude Oil - Sep 14, 2021 - Mr. Tapan Patel - Senior Analyst (Commodities), HDFC Securities

Gold - Sep 14, 2021 - Mr. Tapan Patel - Senior Analyst (Commodities), HDFC Securities

Base Metals - Sep 13, 2021 - Mr. Tapan Patel - Senior Analyst (Commodities), HDFC Securities

Crude Oil - Sep 13, 2021 - Mr. Tapan Patel - Senior Analyst (Commodities), HDFC Securities

Gold - Sep 13, 2021 - Mr. Tapan Patel - Senior Analyst (Commodities), HDFC Securities

Crude Oil - Sep 9, 2021 - Mr. Tapan Patel - Senior Analyst (Commodities), HDFC Securities

Gold - Sep 9, 2021 - Mr. Tapan Patel - Senior Analyst (Commodities), HDFC Securities

Crude Oil - Sep 8, 2021 - Mr. Tapan Patel - Senior Analyst (Commodities), HDFC Securities

Gold - Sep 8, 2021 - Mr. Tapan Patel - Senior Analyst (Commodities), HDFC Securities

Crude Oil - Sep 7 , 2021 - Mr. Tapan Patel - Senior Analyst (Commodities), HDFC Securities

Gold - Sep 7, 2021 - Mr. Tapan Patel - Senior Analyst (Commodities), HDFC Securities

Base Metals - Sep 6, 2021 - Mr. Tapan Patel - Senior Analyst (Commodities), HDFC Securities

Crude Oil - Sep 6, 2021 - Mr. Tapan Patel - Senior Analyst (Commodities), HDFC Securities

Gold - Sep 6, 2021 - Mr. Tapan Patel - Senior Analyst (Commodities), HDFC Securities

Copper - Sep 4, 2021 - Reliance Securities

Gold & Silver - Sep 4, 2021 - Reliance Securities

Crude Oil - Sep 4, 2021 - Reliance Securities

Crude Oil - Sep 3, 2021 - Mr. Tapan Patel - Senior Analyst (Commodities), HDFC Securities

Gold - Sep 3, 2021 - Mr. Tapan Patel - Senior Analyst (Commodities), HDFC Securities

Crude Oil - Sep 2, 2021 - Mr. Tapan Patel - Senior Analyst (Commodities), HDFC Securities

Gold - Sep 2, 2021 - Mr. Tapan Patel - Senior Analyst (Commodities), HDFC Securities

Crude Oil - Sep 1, 2021 - Mr. Tapan Patel - Senior Analyst (Commodities), HDFC Securities

Gold - Sep 1, 2021 - Mr. Tapan Patel - Senior Analyst (Commodities), HDFC Securities

Crude Oil - Aug 31, 2021 - Mr. Tapan Patel - Senior Analyst (Commodities), HDFC Securities

Gold - Aug 31, 2021 - Mr. Tapan Patel - Senior Analyst (Commodities), HDFC Securities

Crude Oil - August 31, 2021 - Reliance Securities

Gold and Silver - August 31, 2021 - Reliance Securities

Base Metals - Aug 30, 2021 - Mr. Tapan Patel - Senior Analyst (Commodities), HDFC Securities

Crude Oil - Aug 30, 2021 - Mr. Tapan Patel - Senior Analyst (Commodities), HDFC Securities

Gold - Aug 30, 2021 - Mr. Tapan Patel - Senior Analyst (Commodities), HDFC Securities

Crude Oil - August 30, 2021 - Reliance Securities

Copper - August 27, 2021 - Reliance Securities

Crude Oil - August 27, 2021 - Reliance Securities

Gold and Silver - August 27, 2021 - Reliance Securities

Crude Oil - Aug 27, 2021 - Mr. Tapan Patel - Senior Analyst (Commodities), HDFC Securities

Gold - Aug 27, 2021 - Mr. Tapan Patel - Senior Analyst (Commodities), HDFC Securities

Gold - Aug 25, 2021 - Mr. Tapan Patel - Senior Analyst (Commodities), HDFC Securities

Crude Oil - Aug 25, 2021 - Mr. Tapan Patel - Senior Analyst (Commodities), HDFC Securities

Gold and Silver - Aug 25, 2021 - Reliance Securities

Crude Oil - Aug 24, 2021 - Mr. Tapan Patel - Senior Analyst (Commodities), HDFC Securities

Gold - Aug 24, 2021 - Mr. Tapan Patel - Senior Analyst (Commodities), HDFC Securities

Silver - August 23, 2021 - Reliance Securities


Website Created & Maintained by : Chennai Scripts
West Mambalam, Chennai - 600 033,
Tamil Nadu, India

disclaimer copyright © 2005 - 2020