Crude oil prices rise after Saudi pipeline shutdown
after close1 source ↓written by the desknot a recommendation
- which can transport
- 7 million barrels per day
- to $107.31
- 1.54%
- to $103.18
- 1.77%
- futures traded
- ₹9,894
- from ₹9
- 1.82%
Crude oil futures increased on Tuesday morning following the shutdown of Saudi Arabia’s East-West pipeline, which can transport 7 million barrels per day. November Brent oil futures rose 1.54% to $107.31, while October WTI futures gained 1.77% to $103.18. On the MCX, September futures traded at ₹9,894, up 1.82% from ₹9,717.
Not investment advice. For informational purposes only.