Mumbai, April 17 -- WTI oil prices broke under $90 per barrel mark on Friday amid optimism of a possible end of US conflict with Iran. US President Donald Trump also said on Thursday that Israel and Lebanon had agreed to a 10-day ceasefire and that the US and Iran will probably meet over the weekend for a second round of negotiations. Currently, the counter is quoting at $88 per barrel, down around 3.6% on the day and testing four-week low. MCX crude lost more than 4% to trade around Rs 8200 per barrel.
Published by HT Digital Content Services with permission from Capital Market....