Wednesday, 6 January 2016

Commodity News on Natural Gas and Crude Oil

Crude Oil
WTI oil prices declined by 2.1 percent on Tuesday to close at $36 per barrel. Prices dropped towards its 11-year low, despite growing tensions between two of the world's biggest oil producers while the focus was on a stronger U.S. dollar and swelling U.S. crude inventories.

On the MCX, oil prices declined by 2.4 percent to close at Rs.2407 per barrel.

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