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Deccan Chronicle (India) 08/16/2019 04:34
New Delhi: Crude oil prices rose by Rs 18 to Rs 3,932 per barrel in futures market on Friday as speculators created fresh positions taking positive cues from global markets. On the Multi Commodity Exchange, crude for delivery in August was trading higher by Rs 18, or 0.46 per cent, at Rs 3,932 per barrel in a business turnover of 23,819 lots. Analysts said speculative positions created by traders led to rise in oil prices. Globally, West Texas Intermediate was trading up 1.10 per cent to USD 55.07, while global benchmark Brent was up 1.03 per cent to USD 58.83 per barrel.
MarketWatch 08/14/2019 14:43
Oil futures fell on Wednesday, with a second straight weekly climb in domestic crude inventories and growing concerns about a slowdown in the global economy prompting U.S. prices to post their first decline in five sessions. September West Texas Intermediate oil lost $1.87, or 3.3%, to settle at $55.23 a barrel on the New York Mercantile Exchange. Market Pulse Stories are Rapid-fire, short news bursts on stocks and markets as they move. Visit MarketWatch.com for more information on this news.

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