Refiners Suffer From Record High Natural Gas Prices - Swastika Investmart
News in headlines:
* Oil prices on the march again in tight market; U.S. crude at 7-yr high
* Brent Oil Rises Above $85 as Saudi Arabia Vows Caution on Supply
* Refiners Suffer From Record High Natural Gas Prices
Chart of the day:
CRUDE OIL: CRUDE OIL is given close with green note around 6283, where upside it has an immediate hurdle 6300-6340, on the downside it has an intraday important support at 6160-6170 levels, while below 6170 below lead further downside towards 6100-6050 levels.
Technical View:
* Bullion: Day trend is indicating sideways to upside move in Gold and Silver.
* Energy: Day trend is indicating sideways to upside in Crude oil & Natural gas.
* Base metals: Day trend in base metal is indicating sideways.
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