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📆 #Crudeoil Update MCX || April 18

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MCX:CRUDEOIL1!   Crude Oil Futures
Update :-
🔸Support at 6811, with a potential move towards the 7000 level for settlement. Long only above 6950-6960.

🔸Crude oil prices declined over 3% due to robust US oil supply & growing demand concerns.

🔸US crude inventories increased by 2.735 million barrels.

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