MCX crude oil prices rose to Rs 5,669 per BBL, supported by geopolitical tensions, including Ukraine’s strikes and potential EU sanctions on Russia. Despite robust OPEC supply and steady Russian exports, technical indicators suggest a breakout near Rs 5,729 or a downtrend below Rs 5,429, signaling near-term directional moves.
Finance
September 24, 2025
Commodity Talk: MCX crude oil consolidating within a bearish triangle pattern. Should you buy, sell or hold?
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