Patel expects crude oil prices to trade sideways to down in the coming week over mixed global cues and New Year holidays.
Crude oil futures edged lower to close at Rs 3,551 per barrel on December 24 as participants trimmed their positions as seen by the open interest. Crude oil prices gained as the UK clinches Brexit deal with the EU but rising COVID-19 cases and restrictions imposed by some nations capped the upside.
https://www.moneycontrol.com/news/business/commodities/crude-oil-futures-slide-1-67-to-rs-3551-per-barrel-this-week-faces-key-resistance-at-rs-3680-6273261.html