MCX crude oil weekly analysis for 11 dec. to 15 dec. 2017
Mcx crude oil future this week closed at 3698 with loss.
mcx crude oil future this week given breakdown below 3665 and hit low near 3600.
below 3665, mcx crude oil remain weak and sell for targets 3515 and then possibly next deep downside target of 3310.
from long term view, crude oil hit 3600 and now heading for 4300 level.