Crude oil trades lower on renewed fears of global slowdown
Crude oil traded lower Tuesday morning due to the fears of a slowdown in the global economy. At 10 am, the March Brent oil futures were down by 0.40 per cent at $85.57 and February crude oil futures on WTI were down 0.37 per cent at $79.96. January crude oil futures were trading at ₹6,627 […]
Oil falls but poised for biggest weekly gain since early Oct on China hopes
Oil fell on Friday as the market assessed the aftermath of interest rates hikes at central banks, but was poised for the biggest weekly gains in 10 weeks amid supply disruption concerns and hopes for a recovery of demand in China. Brent crude futures fell $1.80, or 2.2%, […]