Crude oil futures down on US economic numbers
Crude oil futures traded lower on Friday morning following a strong US economic data and hawkish remarks from Fed Reserve officials over the interest rate to control inflation in that country. At 10.02 am on Friday, April Brent oil futures were at $84.34, down by 0.94 per cent, while March crude oil futures on WTI […]
MCX natural gas: Go short now and on a rally
Since last September, the continuous futures of natural gas on the Multi Commodity Exchange (MCX) have been on a decline. The latest leg of downtrend began in December from about ₹515. Bears went on a rampage as the contract dropped below key supports at ₹280 and ₹250 over the past couple of weeks. As things […]