Buy CrudeOil Jan 2022 @ 5620 SL 5520 TGT 5720-5760.MCX - Kedia Advisory
Follow us Now on Telegram ! Get daily 10 - 12 important updates on Business, Finance and Investment. Join our Telegram Channel
https://t.me/InvestmentGuruIndiacom
Download Telegram App before Joining the Channel
CRUDEOIL
Crude oil trading range for the day is 5602-5828.
Crude oil gains as concerns about the Omicron coronavirus variant hitting demand eased and data showed a big drop in U.S. crude inventories.
China's first batch of 2022 crude oil import quotas totals 109.03 mln t
Azerbaijan's oil exports declined 1.3% year on year to 25.7 million tons between JanuaryNovember.
Saudi king says OPEC+ pact 'essential' for oil market stability
BUY CRUDEOIL JAN 2022 @ 5620 SL 5520 TGT 5720-5760.MCX
NATURAL GAS
Natural gas trading range for the day is 256.9-305.9.
Natural gas dropped after weakness in European prices as mild weather capped demand and a steady flow of LNG offset low Russian pipeline flows
The total U.S. consumption of natural gas fell for the second week in a row, by 1.4% compared with the previous report week.
Refinitiv projected average U.S. gas demand, including exports, would jump from 110.0 bcfd this week to 126.7 bcfd next week
Gazprom’s customers in Europe had requested less gas and more US LNG tankers were crossing the Atlantic towards the continent.
To Read Complete Report & Disclaimer Click Here
Views express by all participants are for information & academic purpose only. Kindly read disclaimer before referring below views. Click Here For Disclaimer
