Crude Futures Rise For Fourth Straight Session As Strait Of Hormuz Tensions Fuel Oil Rally
New Delhi: Crude oil futures rose for the fourth straight session, increasing by Rs 57 to Rs 8,145 per barrel on Wednesday, tracking firm global trends as renewed risks around the Strait of Hormuz deepen concerns over the flow of energy supplies from West Asia. On the Multi Commodity Exchange (MCX), crude oil for September delivery traded higher by Rs 57, or nearly 1 per cent, to Rs 8,145 per…
We haven't written up this one. Free Press Journal has the full story — the link below goes straight to it.
