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MCX Crude Oil, Technical Views and Recommendations

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  • Monday, June 06, 2011
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  • MCX Crude oil prices are trading lower today. Crude oil slipped today as concern about demand ahead of a key OPEC meeting later this week weighed on the market. We expect weakness in the prices of crude oil on account of weak demand outlook from US and China. One may go for selling it till the trend remains bearish.

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