Chart of crude
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Crude graphics
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Crude oil range will be 8800 to 8300 by expiry 19 March. All levels provided in futureoptiontrade.com are only for educational purposes. If anyone having buying position in crude he has to wait for April contract.
Asia’s oil refiners are ramping up crude purchases from outside the Middle East, the latest sign of a scramble to secure supplies as shipping through the vital Strait of Hormuz remains all-but halted. After initially balking at sky-high crude prices, Asian fuelmakers have returned to the market to secure cargoes from the US to Africa and the North Sea, with scant signs of a resolution to the war. They are now willing to pay elevated premiums to secure supply, traders familiar with the matter said. ">
As of March 16, 2026, Indian stock markets rebounded, with the Nifty closing above 23,400 and Sensex surging 939 points, snapping a 3-day losing streak . Key drivers included gains in banking and auto sectors, despite persistent geopolitical tensions in the Middle East, rising crude oil prices, and ongoing foreign investor outflows.">">">">">">
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