Crude oil futures coming off the highs of the day ended lower on Tuesday, as investors looked ahead to weekly data from the U.S. on stockpiles of crude and refined products to weigh what the impact of recent storm activity was on supply and demand. Crude oil initially rallied on comments from an Iraq oil minister saying that OPEC members are committed to cutting supplies through 2018, but a stronger dollar weighed on commodity prices.
Benchmark crude oil futures for October delivery ended lower by 43 cents or 0.9 percent at $49.48 a barrel on the New York Mercantile Exchange. Brent crude for October delivery fell by 0.42 cent to $55.06 a barrel on the ICE.
We are offering 2 days free trial pack in all equity segments with a stock recommendation. So for that visit our site and fill a free trial Best Stock Advisory Company in Indore
No comments:
Post a Comment