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CRUDEOIL rises on China demand hopes; upcoming U.S. inflation data caps gains.

CRUDEOIL prices edged up on Thursday, building on gains in the previous session as China’s demand outlook improved, though gains were limited ahead of upcoming inflation data from the United States.

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LME AIUMINIUM NEWS UPDATE BY MCX PROFITHUB OR GET FREE TRIAL CALL @8445092236

SHFE price mounts to US$2,717/t; LME aluminium is closed for Christmas holiday

Today, on December 27, the SHFE benchmark aluminium price has hiked by US$51 per tonne or 1.91 per cent to reside at US$2,717 per tonne.

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Resistance & Support Report 21/October/2022

COMMODITYRESISTANCESUPPORT
ALUMINIUM199.6195.9
COPPER655.7638
NATURAL GAS 453.3438.3
CRUDE OIL7159.27022.8
GOLD50331.849954.2
SILVER57108.456197.6

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LME Report 14 October 2022

Aluminium +15625
Copper -125
Lead No Change 
Nickel-30
Zinc-1175

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Crude Oil News Highlights

Oil prices struggled to find their footing in Asian trade on Thursday after easing in the previous session on the back of a weakening global demand outlook.

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