Crude oil up 0.98% on global cues : 09/10/2018
Crude oil up 0.98% on global cues
09/10/2018 13:09
Crude oil futures was trading higher in the domestic market on Tuesday as speculators created fresh bets, taking positive cues from Asian markets.
Speculators built fresh positions after Brent crude oilprices again jumped above USD 84 per barrel in Asian trade, which supported the rise in crude prices at futures trade here, traders said.
At the MCX, crude oil futures for October 2018 contract closed at Rs 5548.00 per barrel, up by 0.98 per cent, after opening at Rs 5527.00, against a previous close of Rs 5494.00. It touched an intra-day high of Rs 5556.0 (at 13:15 hours).
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Crude oil up 0.98% on global cues
09/10/2018 13:09
Crude oil futures was trading higher in the domestic market on Tuesday as speculators created fresh bets, taking positive cues from Asian markets.
Speculators built fresh positions after Brent crude oilprices again jumped above USD 84 per barrel in Asian trade, which supported the rise in crude prices at futures trade here, traders said.
At the MCX, crude oil futures for October 2018 contract closed at Rs 5548.00 per barrel, up by 0.98 per cent, after opening at Rs 5527.00, against a previous close of Rs 5494.00. It touched an intra-day high of Rs 5556.0 (at 13:15 hours).
