November 23, 2020

The West Texas Intermediate

Analysts said raising of bets by participants kept crude prices to trade higher here.On the Multi Commodity Exchange, crude for delivery in September contracts was trading higher by Rs 14, or 0.35 per cent to Rs 3,971 barrel in 22,944 lots.

 Crude oil prices rose 0.35 per cent to Rs 3,971 per barrel on Tuesday as speculators created fresh positions on firm global cues.Analysts said raising of bets by participants kept crude prices to trade higher here.On the Multi Commodity Exchange, China granulation screw barrel Suppliers crude for delivery in September contracts was trading higher by Rs 14, or 0.35 per cent to Rs 3,971 barrel in 22,944 lots.
Globally, the West Texas Intermediate was trading lower by 0.33 per cent to USD 54.92. Meanwhile, Brent crude, the international benchmark rose 0.02 per cent to USD 58.67 per barrel in New York.end-ofTags: crude oil, multi commodity exchange, brent crude, west texas intermediateLocation: India, Delhi, New Delhi.

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