Free MCX Tips with Latest News of Crude Oil

Crude Oil to trade in 3099-3319

Crude Oil trading range for the day is 3099-3319.    

Crude oil gained amid a looming strike in Norway threatened to cut output in Western  Europe's biggest producer.    About 755 Norwegian workers on seven oil and gas fields could go on strike from  Saturday, hitting output if a new wage deal is not agreed before a Friday deadline.    Combined oil output was about 285,000 barrels per day in the first four months of the  year. 

MCX SUPPORT & RESISTANCE LEVEL 

CRUDE OIL JUNE FUTURE

 R2 –3480

R1-3400

S1-3235

S2-3140

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