Crude oil up on geopolitical concerns
08/05/2018
Crude oil up on geopolitical concerns
08/05/2018 07:41
Crude oil futures closed higher in the domestic market on Monday as investors become more convinced the U.S. might take a hard line on an Iranian nuclear deal. Expectations that the deal may indeed be scrapped have been driving oil prices higher. At the MCX, crude oil futures for May 2018 contract closed at Rs 4753 per barrel, up by 1.82 per cent, after opening at Rs 4680, against a previous close of Rs 4668. It touched the intra-day high of Rs 4765.
08/05/2018
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Crude oil up on geopolitical concerns
08/05/2018 07:41
Crude oil futures closed higher in the domestic market on Monday as investors become more convinced the U.S. might take a hard line on an Iranian nuclear deal. Expectations that the deal may indeed be scrapped have been driving oil prices higher. At the MCX, crude oil futures for May 2018 contract closed at Rs 4753 per barrel, up by 1.82 per cent, after opening at Rs 4680, against a previous close of Rs 4668. It touched the intra-day high of Rs 4765.
