The Bounce come back in commodities market as weaker dollar and a rally in Chinese equities helped commodities post gain in today sessions.Crude oil prices recover in Asia today.
Crude oil gains on short covering amid helped by a stock market rally in China Oil markets paused for a breather. in the international market crude for September delivery gained 31 cents to $46.05, while Brent crude for September delivery was up 31 cents at $50.30 in late-morning trade.
MCX /NCDEX Tips Today
Mcx Crude oil (Aug)
Resistance : 2957/2978
support:2916/2896
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