Crude oil may open on mixed path as it can move in range of 5980-6080 in MCX.
Brent headed for its first weekly gain this month amid speculation that escalating tension in Ukraine may disrupt supplies from Russia, the world’s biggest energy exporter.
Ukrainian forces moved to flush separatists from their eastern holdouts as diplomats from the U.S. and U.K. vowed to punish Russia with industry wide sanctions if this month’s presidential election is undermined.
Global demand for OPEC’s crude will be stronger in the second half of 2014 than previously estimated, according to the International Energy Agency.
Natural Gas may extend yesterday upside momentum as it can move in range of 262-272 in MCX.
www.punjiniveshonline.com
Brent headed for its first weekly gain this month amid speculation that escalating tension in Ukraine may disrupt supplies from Russia, the world’s biggest energy exporter.
Ukrainian forces moved to flush separatists from their eastern holdouts as diplomats from the U.S. and U.K. vowed to punish Russia with industry wide sanctions if this month’s presidential election is undermined.
Global demand for OPEC’s crude will be stronger in the second half of 2014 than previously estimated, according to the International Energy Agency.
Natural Gas may extend yesterday upside momentum as it can move in range of 262-272 in MCX.
www.punjiniveshonline.com
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