Monday, April 2, 2012

Crude Updates, MCX crude Tips For Today: 2nd April '12

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About crude oil dropped 0.30 per cent in the domestic market is trading at Rs 5258. Slowdown in the trend of crude oil in the international market, the price has come on 103 dollars a barrel. Crude oil is beginning to weaken today also. Slight decline in the domestic market with crude oil is trading at Rs 5267. Natural gas broke open the 1 per cent.

NYMEX crude oil has seen a 0.30 per cent, but the price has come on 103 dollars a barrel. Half per cent in the domestic market last week, crude oil had slipped to Rs 5273. But in Asia Oil was higher trade on Monday after figures showing a rise in manufacturing activity in China.

India will look to increase imports of crude oil, liquefied natural gas and liquefied petroleum gas from Qatar in the coming years, Oil Minister Jaipal Reddy said Monday.

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