Crude Oil prices rose on Monday on supportive equities amid concerns over supplies outweigh worries of a slowing global economy. Market also witnessed OPEC-driven supply cuts. Brent crude for June delivery was up by 0.6% at USD68.01 per barrel, having Read more
Crude Oil prices reached a highest level in the year-2019 on Thursday, driven by Supply cuts by the Organization of the Petroleum Exporting Countries (OPEC). The international benchmark Brent Crude futures in the morning session was at USD67.14 per barrel, Read more
Brent crude oil futures were trading up 3% at USD 83.24 per barrel on early trade, on Monday. This rise is marked as its highest level since November 2014.
WTI crude futures of US were up 0.5%, at USD 73.62 per barrel. The up-trend of Brent Crude was driven up by the looming sanctions against Iran, which will begin targeting its oil sector from 4th November.
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