MCX Energy Crude Oil and Natural Gas Tips and Trend Today

MCX Crude Oil Trend Today  :- NYMEX Crude Oil declined by 0.5% and it has come down to 108 dollars a barrel. Crude Oil prices have dropped due to Saudi Arabia shipments in January and exports increased from Libya while Crude oil reserves in United States is projected to grow. These reports also seems led to on pressure Domestic Market Crude. MCX Crude Oil is trading at Rs 5,450 with light declined.  Bank of America Merrill Lynch report in 2012, Brent Crude Oil price is estimated to rose from $ 8 per barrel to $ 118.  NYMEX Crude Oil price also estimated to increased from $3 to 106$ dollars a barrel. 
 MCX Crude Oil Tips Today 20 March 2012

Crude oil April Futures Buy - 5440, Stoploss – 5400, Target – 5490 – 5560. 

Natural Gas Trend :- Natural Gas is also seeing decline today. MCX Natural Gas on was decline about 0.5% and is now trading at Rs 118.70. Natural Gas has fallen by 28% Far in 2012. NYMEX Natural Gas  reached level of $ 2.393. According to U.S. Energy stocks fell last week becouse for pressure visible on Natural Gas price.

Energy  Commodity  Natural Gas Tips Today 20 March 2012

Natural Gas May Futures Buy - 132, Stoploss  - 128, Target – 136.