Showing posts with label Crude oil up on geopolitical tension 16/04/2018. Show all posts
Showing posts with label Crude oil up on geopolitical tension 16/04/2018. Show all posts

Crude oil up on geopolitical tension 16/04/2018

Crude oil up on geopolitical tension
16/04/2018


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Crude oil up on geopolitical tension
16/04/2018 00:09
Crude oil futures closed higher in the domestic market on Friday driven by fears of a U.S.-led military conflict in Syria. A report from the International Energy Agency on Friday also indicated that OPEC soon will have succeeded in reaching its target for reducing the global supply glut. At the MCX, crude oil futures for April 2018 contract closed at Rs 4403 per barrel, up by 0.94 per cent, after opening at Rs 4364, against a previous close of Rs 4362. It touched the intra-day high of Rs 4419.