Crude oil at five and a half year low, and possible degradation

Crude oil in the international market has reached a 5-year low. Had an impact on the household market and MCX Crude prices fell more than 4 percent.Naimaks $ 65 and Brent crude slipped below $ 69 are too. 40 per cent this year, crude oil prices have been broken.Brent crude for the first few days, the target of $ 60 to $ 40 a barrel that analysts have started talking.US crude oil production is at the highest level for 30 years, as well as stock is constantly growing. On the other hand, OPEC countries have decided not to produce a result, crude oil prices continue to decline.

The TE 40 share in the total production of the world organization of nations which OPEC has decided to reduce production costs have declined. OPEC countries produce 424 000 barrels of crude in October remained Rojama.

A2Financial Services RESEARCH BASED ON MARKET INFORMATION FOR SHARE MARKET, STOCK MARKET, COMMODITY MARKET, MCX LIVE, NCDEX TIPS, MCX TIPS, INTRADAY TIPS

FOR MORE INFO CONTACT US CALL  8109000014 OR VISIT US www.a2financial.co.in/freetrial