Current Market Tips Rising US Shale production, low oil demand and high inventories have been a triple whammy for crude oil prices which are now trading below USD 45/barrel or some would say has entered the bear territory. Crude oil, also known as black gold made a high of USD 55.24 barrel and now made a low of USD 42.75 barrel, a fall of more than 22 percent in 2017. “A decline of more than 20 percent from a most recent high is typically considered as a bear market. The last time crude hit a bear market was in August 2016. The ramp-up in US shale oil production raised concerns over the effectiveness of Opec’s supply cuts in balancing the oversupplied market,” D K Aggarwal, Chairman, and MD, SMC Investments and Advisors Ltd told Moneycontrol. “The shale comeback is displayed by the unrelenting rise in the Baker Hughes rig count. The closely-watched metric has increased 22 weeks in a row -- the longest streak since 1987 when the data first started being collected,” he said. It
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Stock tips which refer to Investment in Shares If you have fewer information about the stock market or you are the new player of this market or you want to invest in the market but do not know what to do and how to do so today we will give you some tips. Here are some more stock market tips. Everyone in the stock market wants to earn money but many times people are trapped by investing with friends, relatives and those who work together. Whenever you invest in the stock market, do it with your understanding and know how much risk it can be. Stay away from the tips: You will also say what it is like. Along with this, I am giving you tips and saying that stay away from the tips. In fact, I am not going to give you such tips to invest in the shares of which companies. Here I am telling you how to invest in the stock market. First of all, do not invest on the tips given by friends, relatives and brokers, or on the basis of rumors spread in the market. Educate yourself: Le