SEBI Registration NO.---- INA000001530 Investment in stock and commodity market are subject to market risk. Please do not trade on those tips which are not provided through SMS or messenger.

Crude oil surges on OPEC report

Crude oil surges on OPEC report

Crude oil futures ended higher in the domestic market on Tuesday as a report from the Organization of the Petroleum Exporting Countries revealed forecasts for higher Crude oil demand & lower production next year.

The OPEC report also warned that the U.K.’s vote to leave the European Union poses risks to global economic growth & oil demand in Europe.

At the MCX, Crude oil futures for July 2016 contract ended at Rs. 3,135/barrel, up by 3.84 %, after opening at Rs. 3,012, against the last closing price of Rs. 3,019. It touched the intra-day high of Rs. 3147.

2
 
error: Content is protected !!