Crude oil rises on geopolitical tensions
11/04/2018
Crude oil rises on geopolitical tensions
11/04/2018 07:26
Crude oil futures closed higher in the domestic market on Tuesday as tensions linked to Syria raised the potential for disruptions to Middle East crude output. Chinese and U.S. officials have also softened their rhetoric over their trade spat, easing worries over the potential for a slowdown in demand for oil. At the MCX, crude oil futures for April 2018 contract closed at Rs 4246 per barrel, up by 3.16 per cent, after opening at Rs 4133, against a previous close of Rs 4116. It touched the intra-day high of Rs 4254.
11/04/2018
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Crude oil rises on geopolitical tensions
11/04/2018 07:26
Crude oil futures closed higher in the domestic market on Tuesday as tensions linked to Syria raised the potential for disruptions to Middle East crude output. Chinese and U.S. officials have also softened their rhetoric over their trade spat, easing worries over the potential for a slowdown in demand for oil. At the MCX, crude oil futures for April 2018 contract closed at Rs 4246 per barrel, up by 3.16 per cent, after opening at Rs 4133, against a previous close of Rs 4116. It touched the intra-day high of Rs 4254.
