Thursday, September 17, 2009

Dangerous Clouds

A cloud is a large collection of very tiny droplets of water or ice crystals.The droplets are so small and light that they can float in the air.Looking west southwest at a wall cloud that was located south of El Dorado, Oklahoma.

Today Crude Update :-

Crude oil is recording massive gain in the Indian future markets today synchronizing with International front where oil prices witnessed a sharp rally as speculators extended holding, eying more production cut in the OPEC meet this weekend.

On the New York Mercantile Exchange, Crude oil for April delivery lifts up USD 4.70 to settle at USD 47.03 a barrel. Tracking it, MCX Crude oil April contract is trading up by 1.07pct at Rs 2,455 at 10.23a.m after opening at Rs 2,450 a bbl. Crude oil May agreement is also gaining at Rs 2,517 a bbl. Also, NCDEX Crude oil April contract is also trading higher by 5.54pct at Rs 2,457 after opening at Rs 2,447 and Crude oil May contract is moving upward by 3.32pct at Rs 2,521 as compared to its earlier close of Rs 2,440 a bbl.

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