Moneymaker Research by MCX Crude Updates

Crude oil declined strongly. International market prices have slipped nearly 2 percent. Several members of OPEC crude production increased investment and 20 percent since last week based on a 5 percent drop in prices this week. After sliding nearly 3 percent of the price in the international market now seems recover. Although the pressure is still intact.

Support domestic prices is the weak rupee. The American Petroleum Institute reported yesterday occurred, which stated that the reserves million barrels of crude has increased over. The US Energy Department report today will as well as two days after the meeting of the Federal Reserve will release its statement, the US interest rates could be clear about something.