Mumbai, June 12 -- MCX Crude oil futures are in a freefall. Crude oil prices tumbled to their lowest level in nearly two months on Friday as optimism over a potential US-Iran peace agreement eased fears of supply disruptions in the Middle East. WTI July futures saw intense selloff in European trades and are currently down 4.50% at$83.77 per barrel. MCX Crude has lost around 5% at Rs 7982 per barrel.

Published by HT Digital Content Services with permission from Capital Market....