Commodity tips

Oil prices rise as US sanctions against Iran’s crude exports emerge

Crude Oil prices soared on Friday, since trader’s attention focused on US sanctions against Iran’s crude exports that starts next month to tighten global markets.

The gains helped recover some of the losses from the last session on account of looming US inventories and after Russia and Saudi Arabia said they would raise output to some extent make up for expected disruptions from Iran.

Live Stock Update 07 Dec- Stock in news, Market opens on a positive note

Market Update: The Sensex, Nifty were trading higher in early trade on Thursday against the previous session’s closing, led by gains in banks’, energy and automobiles stocks on positive cues from Asian markets. BSE Sensex traded higher by 151.33 points Read more