Mumbai, Dec. 24 -- WTI Crude oil futures stayed well supported near two-week high above $58 per barrel amid positive cues from equities. The US stocks hovered around record high amidst sustained uptick in technology stocks. WTI Crude oil is currently trading at $58.45 per barrel, up 0.14% on the day. The US actions against Venezuelan tankers spark fresh supply fears for oil as the US President Donald Trump on Monday said the US will keep crude oil and tankers seized near Venezuela. Falling rig count is also supporting sentiments after oil prices tested near four-year low. Oil is up 3.50% this week. MCX Crude oil futures are also up 0.63% at Rs 5287 per barrel after hitting a high of Rs 5303 per barrel.
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