Click it and Unblock the Notifications
At the Multi Commodity Exchange, crude for delivery in September opened at Rs 4,081 per bbl and then took an about turn. It was trading between Rs 4,046 – Rs 4,047 per bbl around 2:44 pm IST.
Similarly, crude for delivery in far-month February opened at Rs 4,234 per bbl and was trading in the range of Rs 4,202 – Rs 4,211 per bbl same time.
The fall in crude oil prices in futures is in line with weakening trend in global markets.
US is the world's biggest consumer of crude, so traders are speculating that weak job claims data could affect its demand further.
Market analysts said the weakening trend in the global market on fears that a slowdown of the global economy will undermine crude demand put pressure on oil prices in futures trade further.
GoodReturns.in
More From GoodReturns
Crash in Gold Rate in India by Rs 71,400 in Single Day; Will Gold Price Today Fall Below Rs 1.50 Lakh? Outlook
Indane, HP & Bharat Gas Cylinder Booking Rules: OTP Mandatory After LPG Refilling Gap Increased to 25-45 Days
Gold & Silver Rates Today Live: MCX Gold Crashes By Rs 5,645, Silver Falls By Rs 16,540; 24K, 22K, 18K Gold
1:1 Bonus, 1:5 Split, 39 Dividends: Hindustan Zinc Share Rally 3% As Silver Rates Jump: Buy This Vedanta Stock
1:5 Split Soon? Vedanta Ltd To Consider 3rd Interim Dividend On March 23, Share Jumps; Record Date & Buy Call
Mega Gold Price Crash Alert! 24K Sinks Rs 1.36 Lakh/100 Gm In Week; Silver Sees Losses | March 23-27 Outlook
Gold & Silver Rates Today Live Updates: Will 24 Carat, 22 Carat, 18 Carat See Bullish Week Ahead?
Gold Rates & Silver Rates Today Live: MCX Gold & Silver Price Gives Up Some Early Gains; 24K, 22K, 18K Gold
Gold Rates In India Crash By Rs 29,400 On March 21 After Spot Gold Hits Weakest Week; 24K, 22K, 18K Gold Price
ATM Rules Changing From April 1, 2026: HDFC Bank, PNB, Bandhan Bank & Others Revise Cash Withdrawal Rules
Huge Crash in Gold Rate in India By Rs 1.43 Lakh in Just 7 Days; Will Gold Price Today Fall Further on 23 Mar?
Sign in with Google