Friday, 2 January 2015

Natural Gas and Crude Oil Market Updates

Crude Oil
Brent declined by 1 percent on Wednesday. Prices traded at 5-1/2-year low and ended with their second-biggest annual decline ever, down by half since June under pressure from a global glut of crude.

On the MCX, oil prices gained marginally by 0.9 percent and closed at Rs.3400/bbl.

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