#CRUDEOIL update 31st Jan || MCX || INDIAN MARKET

🔶Timeframe: 1 hour
🔶 INTRADAY TARGET - Target: 6360, 6380

🔶Oil prices dipped due to weak Chinese economic data, but monthly gains are expected amid escalating Middle East conflicts. U.S. inventory data showed mixed results, while concerns about demand persist.

🔶Crudeoil inventory data at 9 pm today.