Crude oil futures up on spot demand

Crude oil futures up on spot demand

Crude oil prices rose 0.18 percent to Rs 3,906 per barrel in futures trade on September 13 as speculators raised their exposure on firm spot demand. On the Multi Commodity Exchange, crude for September contracts went up by Rs 7, or 0.18 percent, to Rs 3,906 per barrel in a business turnover of 26,861 lots.

Crude oil futures fall on low demand

Crude oil futures fall on low demand

Crude oil futures fell 0.17 percent to Rs 4,000 per barrel on Thursday after speculators booked profits at existing levels amid subdued spot demand. Crude oil contracts for most-traded September delivery traded lower by Rs 7, or 0.17 percent

Oil rises on hopes of extended OPEC production cuts

Oil rises on hopes of extended OPEC production cuts

Oil futures rose on Tuesday, potentially heading for a fifth day of gains, amid optimism that OPEC and other countries may agree to extend production cuts in a bid to support prices. Brent was up 42 cents, or 0.7%, at $63.01 a barrel by 0104 GMT, while U.S. crude was 46 cents, or 0.8%, higher at $58.31 a barrel.

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