MCX Crude Oil futures might drop to Rs 7,100; Pure Fuel in oversold zone

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Net Unique

The MCX Crude Oil has close to help at Rs 7,740, beneath which it could slide in the direction of the 200-DMA at Rs 7,100. Pure Fuel might take a look at Rs 410-odd degree, whereas a bounce to Rs 500-odd degree can’t be dominated out.

Subjects

Crude Oil Value | pure gasoline | commodity buying and selling



Rex Cano  | 
Mumbai 




Crude Oil costs tumbled over 10 per cent in trades on Tuesday amid fears of a slowdown in demand for petroleum merchandise as worries over a US recession mounted.



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First Printed: Wed, July 06 2022. 09:27 IST

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