Crude oil futures ended lower in the domestic market on Wednesday as investors and speculators exited positions in the energy commodity after US crude oil stockpiles surged to the highest level since June last week, signaling weak demand for the fuel in the world’s biggest crude oil consumer.
Crude oil futures may rebound today amid firm global cues as escalating tensions between Ukraine and Russia fuel global crude supply fears. At the MCX, Crude Oil futures, for the April 2014 contract closed at Rs 6,250 per barrel, down by 0.43 per cent, after opening at Rs 6,271, against a previous close of Rs 6,277. It touched an intra-day low of Rs 6,218.
http://www.capitalstroke.com/ or contact on 0731-3299704
0 comments :
Post a Comment