Crude oil falls as Trump halts Iran strike plans
India, June 13 -- Crude oil prices retreated by Rs 140 to Rs 8,204 per barrel in futures trade on Friday, tracking weak global benchmarks after US President Donald Trump halted planned military strikes on Iran's oil infrastructure.
On the Multi Commodity Exchange (MCX), crude for June delivery declined by Rs 140, or 1.68 per cent, to Rs 8,204 per barrel in a business turnover of 12,005 lots.
Similarly, the July contract weakened by Rs 137, or 1.66 per cent, to Rs 8,103 per barrel in 4,711 lots. The decline mirrored moves in global markets, where Brent oil futures for August delivery slipped $2.14, or 2.37 per cent, to $88.24 per barrel and West Texas Intermediate (WTI) for the July contract dipped 2.18 per cent to $85.80 per barrel.
"B...
Click here to read full article from source
इस लेख के रीप्रिंट को खरीदने या इस प्रकाशन का पूरा फ़ीड प्राप्त करने के लिए, कृपया
हमे संपर्क करें.