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Free MCX Tips: Weak China demand outlook hits crude

Discussion in 'Stock Market Discussions' started by Anik singh, Nov 3, 2015.

  1. Anik singh

    Anik singh New Member

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    Crude oil futures sank over 1 per cent in the domestic market on Monday as investors and speculators exited positions in the energy commodity tracking a weak trend in the foreign market as an eighth straight contraction in Chinese manufacturing activity signaled a worsening economic slowdown in the world’s second biggest oil consuming nation, darkening the demand outlook for the fuel.
    For More Details Free MCX Tips

    Crude oil futures sank over 1 per cent in the domestic market on Monday as investors and speculators exited positions in the energy commodity tracking a weak trend in the foreign market as an eighth straight contraction in Chinese manufacturing activity signaled a worsening economic slowdown in the world’s second biggest oil consuming nation, darkening the demand outlook for the fuel.
    For More Details Free MCX Tips
     
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