Crude oil futures extended their gaining streak on Wednesday, amid expectations for demand for crude oil from refineries in Texas, as they get back normal operations after Hurricane Harvey. Meanwhile, the development of Storm Irma, which made landfall in the Caribbean earlier on Wednesday, continued to garner investor attention, as the Category 5 storm could knock out other refineries and add to concerns over fuel shortages. Prices also got some support with report that Russia and Saudi Arabia would be open to extending their output cut agreement.

Benchmark crude oil futures for October delivery ended up by $0.50 or 1 percent to $49.16 on the New York Mercantile Exchange. In London, Brent crude for October delivery ended higher by 1.54 percent at $54.20 a barrel on the ICE.

More Indian Stock Market Tips Or Free Trial So Click Here>> http://www.ripplesadvisory.com/services.php Or Give A Missed Call @96444-05056.