CapitalStars Financial Research Pvt Ltd

CapitalStars

CapitalStars Financial Research Private Limited is an advisory company incepted with a vision of providing fair and accurate trading and investment calls in share and commodity market.we specialize in thorough fundamental and technical research analysis in equity and commodity market to provide best equity and commodity tips to traders and investors.we provide intraday as well as delivery stock tips in NSE and BSEand commodity tips in MCX and NCDEX. Read More

Commodity Market Services

Commodity Market Services

In this service we provide 3-4 intraday calls in MCX with a high level of accuracy. The calls are given in Precious Metals, Base Metals and Energies. You can also avail Free Tips for two days to test our accuracy and if satisfied you can join the services with Capital Stars. Read More

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Nifty Future Services

We provide you around 1-2 nifty calls, Bank Nifty Futures, nifty futures tips, sgx nifty tips Daily. You can gain more profit, Get 2 days free trial calls. Read More

Equity Market Services

Equity Market Services

In this service we provide 2-4 intraday stock cash calls in NSE/BSE with a high level of accuracy.You can also avail Free Stock Tips for two days to test our accuracy and if satisfied you can join stock cash services with Capital Stars. Read More

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CapitalStars provides Free Trial in Intraday as well as in Positional Services of Equity, Derivatives, and Commodities and Forex Markets. We provide recommendations in NSE, BSE, MCX, NCDEX, and MCX-SX etc. We render you enough entry and exit time in our calls so clients can easily maximize their profits. Read More

Saturday 7 October 2017

Oil prices plummet as oversupply concerns return: 7 Oct 2017

Oil prices

Oil prices witnessed a slip of 3% on Friday, after a week of profit-taking and a comeback of oversupply concerns pushed the markets lower.

US West Texas Intermediate (WTI) crude fell 2.95%, settling at USD 49.29, breaking a four-week winning streak. It closed down nearly 4.5% in the worst performing week since March 10.

The prospect of extended oil production cuts by the Organization of the Petroleum Exporting Countries (OPEC) and other producers led by Russia had supported prices on Thursday.

Russia clarified remarks on the oil market made by President Vladimir Putin earlier this week, saying he did not propose extending a global oil output cut deal but said he recognised it was a possibility on Friday.

A stronger dollar also led to further losses in the oil market on Friday. The dollar hit a 10-week high after data showing the largest gain in US wages since December 2016 bolstered bets on an interest rate hike by year-end.

Futures held their losses after a leading oilfield services firm reported the number of oil rigs operating in US fields fell by 2 in the latest week. The rig count stood at 748, compared with 428 at this time last year.


Capitalstars Financial Research Private Limited is a research house and an investment advisory carrying out operations in the Indian Equities and Commodity market.We also provide a free trial to our client.Join our services and trade with us. 
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* Investment & Trading in securities market is always subjected to market risks, past performance is not a guarantee of future performance.* CapitalStars Investment Adviser: SEBI Registration Number: INA000001647

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