Register For Free Commodity Tips Trial: http://rupeedesk.in/rupeedeskfree-calls
Crude oil futures closed higher in the domestic market on Tuesday as traders attempted to sort out the potential impact of President Donald Trump’s policies on the industry. News that the world's top producers cut production this month more than forecasters expected and as the dollar sank also helped prices to rise. Concerns about growing output from U.S. shale-oil producers on the heels of the OPEC/non-OPEC agreement to curb global production also has pressured oil prices over the past several weeks. At the MCX, crude oil futures for February 2016 contract closed at Rs 3612 per barrel, up by 0.87 per cent, after opening at Rs 3563, against a previous close of Rs 3581. It touched the intra-day high of Rs 3622.
Free Intraday Tips : Join Our Whatsapp No : 9841986753
Free Commodity Tips : Join our Whatsapp No : 9094047040
Crude oil futures closed higher in the domestic market on Tuesday as traders attempted to sort out the potential impact of President Donald Trump’s policies on the industry. News that the world's top producers cut production this month more than forecasters expected and as the dollar sank also helped prices to rise. Concerns about growing output from U.S. shale-oil producers on the heels of the OPEC/non-OPEC agreement to curb global production also has pressured oil prices over the past several weeks. At the MCX, crude oil futures for February 2016 contract closed at Rs 3612 per barrel, up by 0.87 per cent, after opening at Rs 3563, against a previous close of Rs 3581. It touched the intra-day high of Rs 3622.
