Crude prices fall amid reports of higher OPEC output survey : 09/10/2018
Crude prices fall amid reports of higher OPEC output survey
09/10/2018 08:19
Crude oil futures closed lower in the domestic market on Monday as participants booked profit at prevailing levels after a survey by S&P Global Platts signaled that OPEC producers increased crude output in September, which is likely to offset impact of US sanctions on the Iranian oil industry. At the MCX, crude oil futures for October 2018 contract closed at Rs 5495 per barrel, down 0.92 per cent, after opening at Rs 5473, against a previous close of Rs 5546. It touched an intra-day high of Rs 5513 and low of Rs 5423 respectively.
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Crude prices fall amid reports of higher OPEC output survey
09/10/2018 08:19
Crude oil futures closed lower in the domestic market on Monday as participants booked profit at prevailing levels after a survey by S&P Global Platts signaled that OPEC producers increased crude output in September, which is likely to offset impact of US sanctions on the Iranian oil industry. At the MCX, crude oil futures for October 2018 contract closed at Rs 5495 per barrel, down 0.92 per cent, after opening at Rs 5473, against a previous close of Rs 5546. It touched an intra-day high of Rs 5513 and low of Rs 5423 respectively.
