Thursday, 8 December 2016

Sensex, Nifty, Midcap jump over 1%

Oil prices edged up in thin trading after steep falls in the previous session, supported by a weaker dollar, positive economic data and a drawdown in US crude stocks. International Brent crude futures were trading up 4 cents at USD 53.04 a barrel after closing the previous session down 93 cents. US benchmark West Texas Intermediate crude oil prices gained 13 cents to USD 49.90 a barrel. Crude oil inventories in the United States dropped 2.4 million barrels in the week that ended on December 2, compared with analyst expectations for a draw of 1 million barrels. 

But stocks at the Cushing, Oklahoma, delivery hub for US crude futures, increased by a hefty 3.8 million barrels last week, the most since 2009, according to data from the US Energy Information Administration on Wednesday.



https://www.linkedin.com/title/ripples-advisory Click here and watch out the best Share and Stock Market recommendations or One missed call on @9303093093

No comments:

Post a Comment