<< LET'S MAKE A BEST DEAL CLICK HERE, and get the latest update news >> Best Stock Advisory Company in Indore
Crude oil futures bounced back and ended higher on Tuesday, amid mixed signals on global production next year. OPEC says it will continue to curb production in an effort to re-balance oil markets, but US shale output may surge. Also, the investors mulled over the prospect of fresh Middle East supply disruptions amid rising geopolitical tensions in the region after reports Saudi air defenses intercepted a missile fired at Riyadh. Meanwhile, traders will be keeping a close eye on weekly U.S. inventories data over the next 24 hours.
Benchmark crude oil futures for January delivery ended higher by $0.31 or 0.54 percent at $57.47 a barrel on the New York Mercantile Exchange. Brent crude for February delivery was up by $0.37 to $63.77 a barrel on the ICE.
No comments:
Post a Comment
Note: only a member of this blog may post a comment.