Crude oil rises on strong global cues
30/05/2018
Crude oil rises on strong global cues
30/05/2018 07:37
Crude oil futures closed higher in the domestic market on Tuesday amid strong cues from global peers. Oil prices had come under pressure last week after media reported that the Organization of the Petroleum Exporting Countries and Russia were discussing plans to lift their production for the first time since 2016. At the MCX, crude oil futures for June 2018 contract closed at Rs 4532 per barrel, up by 0.53 per cent, after opening at Rs 4527, against a previous close of Rs 4508. It touched the intra-day high of Rs 4577.
30/05/2018
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Crude oil rises on strong global cues
30/05/2018 07:37
Crude oil futures closed higher in the domestic market on Tuesday amid strong cues from global peers. Oil prices had come under pressure last week after media reported that the Organization of the Petroleum Exporting Countries and Russia were discussing plans to lift their production for the first time since 2016. At the MCX, crude oil futures for June 2018 contract closed at Rs 4532 per barrel, up by 0.53 per cent, after opening at Rs 4527, against a previous close of Rs 4508. It touched the intra-day high of Rs 4577.
