Mumbai, Aug. 21 -- WTI crude oil futures climbed past $63 per barrel on Thursday, extending the previous session's advance after US data showed a sharper-than-expected drop in stockpiles. EIA reported a 6-million-barrel decline last week, bringing inventories down to 420.7 million barrels, signaling steady demand. On the domestic front, MCX September crude oil futures rose Rs.38 to trade at Rs.5514 per barrel. Investors also kept a close watch on Russia-Ukraine peace talks, as progress could ease sanctions on Russian crude and shift global supply flows.
Published by HT Digital Content Services with permission from Capital Market....