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Crude oil futures Spiked by more than 2 % in the Domestic Market

Discussion in 'Stock Market Discussions' started by Harish, Oct 19, 2015.

  1. Harish

    Harish New Member

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    Crude oil futures spiked by more than 2 per cent in the domestic market on Friday as investors and speculators booked fresh positions in the energy commodity tracking a positive trend in the overseas market as a seventh straight drop in US weekly rig count signaled lower production ahead in the world’s biggest oil consuming nation ,At the MCX, Crude oil futures, for the October 2015 contract, closed at Rs 3,055 per barrel, up by 2.31 per cent, after opening at Rs 3,008, against the previous close price of Rs 2,986. It touched an intraday high of Rs 3,075.


     
    #1 Harish, Oct 19, 2015
    Last edited by a moderator: Oct 19, 2015
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