Crude oil futures marginally down on inventory data
Crude oil futures traded marginally lower on Thursday morning as the US showed an increase in the crude oil inventories. At 10 am on Thursday, April Brent oil futures were at $85.05, down by 0.05 per cent; and March crude oil futures on WTI were at $78.41, down by 0.08 per cent. February crude oil futures […]
Crude oil pares losses ahead of OPEC panel meet
After witnessing around 2 per cent drop in Tuesday’s session, crude oil futures traded higher on Wednesday morning. The scheduled meeting of the Joint Ministerial Monitoring Committee (JMMC) of OPEC+ (Organization of Petroleum Exporting Countries) and its allies next week is boosting the demand for the commodity. At 10 am on Wednesday, March Brent oil […]