Menu

OPEC+

Crude Oil Rises Amid Geopolitical Tensions Boosting Global Prices

MCX Live News

Crude oil prices experienced a modest increase of 0.22%, closing at Rs 5,114, primarily driven by escalating geopolitical tensions and renewed apprehensions regarding possible supply disruptions. Sentiment improved following the United States’ decision to implement a complete halt on maritime traffic associated with sanctioned oil tankers connected to Venezuela, in response to the confiscation of Read More

Crude Oil Prices Drop as Oversupply Sparks Global Glut Fears

MCX Live Updates

Crude oil prices experienced a significant decline, closing down 1.38% at Rs 5,071, as markets contended with increasing indications of oversupply and escalating concerns regarding a global oil glut. Rising output from OPEC+ alongside robust production increases from non-OPEC producers, especially in the Americas, has persistently exerted downward pressure on prices, as Brent crude approaches Read More

McxLive.org is for Stock / Commodity Market Information purposes only and is not associated with MCX India

McxLive.org is not a Financial Adviser / Influencer and does not provide any trading or investment skills / tips / recommendations via its website / directly / social media or through any other channel.

Disclaimer / Disclosure and Privacy Policy / Terms and conditions are applicable to all users /members of this website.

The usage of this website means you agree to all of the above