MCX Crude prices

MCX Crude prices

Golden Investment Research Private Limited

MCX Crude prices were higher in Asian trade on Wednesday as Intraday trading tips reacted to a forecast that global oil demand is set to grow and hopes of a Greek debt deal. http://www.goldennifty.com

West Texas Intermediate (WTI) light sweet crude for delivery in March, gained 43 cents to USD 98.84 a barrel and Brent North Sea crude for March delivery was up one cent to USD 116.24 in morning trade.
 
``MCX Crude prices have made gains with the EIA forecast of a growth in oil consumption and hopes of a solution to Greek debt trouble.. 

``EIA expects world markets to continue to gradually tighten in 2012 and 2013, as increases in global consumption outpace production growth.

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