Crude oil up rising geopolitical tensions
12/04/2018
Crude oil up rising geopolitical tensions
12/04/2018 07:30
Crude oil futures closed higher in the domestic market on Wednesday as rising tensions in the Middle East continued to feed concerns over potential supply disruptions in the region. The brisk rally in crude prices came as the administration has been working to marshal international support for a possible military strike against Syrian President Bashar al-Assad for an alleged chemical-weapons attack. At the MCX, crude oil futures for April 2018 contract closed at Rs 4356 per barrel, up by 2.54 per cent, after opening at Rs 4255, against a previous close of Rs 4248. It touched the intra-day high of Rs 4396.
12/04/2018
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Crude oil up rising geopolitical tensions
12/04/2018 07:30
Crude oil futures closed higher in the domestic market on Wednesday as rising tensions in the Middle East continued to feed concerns over potential supply disruptions in the region. The brisk rally in crude prices came as the administration has been working to marshal international support for a possible military strike against Syrian President Bashar al-Assad for an alleged chemical-weapons attack. At the MCX, crude oil futures for April 2018 contract closed at Rs 4356 per barrel, up by 2.54 per cent, after opening at Rs 4255, against a previous close of Rs 4248. It touched the intra-day high of Rs 4396.
