MCX crude oil technical chart and technical analysis updated on 19th July 2016, Tuesday.

MCX CRUDE OIL - 1 BBL

Oil prices are fell approx 1% on Monday after rising stockpiles of crude and refined fuel intensified fears another major glut was building up.

U.S. crude futures saw a supply build of 26,460 barrels in the week to July 15, traders who saw the data said.