Commodity traders alert! Experts predict rise in crude oil at MCX, NYMEX
Commenting upon the reason for the crude rally at the MCX, Sugandha Sachdeva, Vice President at Religare Commodities told Zee Business online, "In NYMEX, crude oil is hovering around $51-52 per barrel and an upside swing of near 7 percent is expected in next two weeks. Hence, at MCX we are expecting the crude oil future to reach Rs 3,600 per barrel in this time span or say by end of January."
In NYMEX, crude oil is hovering around $51-52 per barrel and an upside swing of near 7 percent is expected in next two weeks. Reuters