CAPITALSTARS MCX COMMODITY CRUDE OIL NEWS UPDATE : 27 August 2019

Energy Preview: Crude oil prices rose on Tuesday after the U.S
President Donald Trump said he expected to sign a trade deal with China, calming nerves after a round of tit-for-tat tariff hikes had sent markets reeling. U.S. President Donald Trump on Monday predicted a trade deal with China after positive gestures by Beijing, settling global markets that have been roiled by new tariffs from the world’s two largest economies. Crude oil may move towards 3950 while taking support near 3850. Oil prices have fallen around 20% from 2019 high reached in April, in part because of worries that the U.S.-China trade conflict is hurting the global economy, which could dent demand for oil. Natural gas can remain on the upside path as it can test 162 while taking support near 157. U.S. natural gas futures rose on Monday to post their best day in more than a week on forecasts for warmer-than-normal weather that could boost cooling demand and as the market weighed potential impact to output from tropical storm activity

CLICK HERE FOR GET DETAILS & JOIN OUR BEST ADVISORY  -
Visit our Link : https://bit.ly/2u2GUhK
Visit My Website : https://bit.ly/1h8KZUM
CAPITALSTARS CALL US : 9977499927
Equity Tips , Intraday Stock Tips , FreeTrading Tips  , Sebi Registered advisory