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The crude oil futures on the MCX (₹6,427/barrel) was down 4.4 per cent. Brent crude oil futures slipped below the $80-mark last week. But it managed to close above $78, a potential support.
The crude oil futures on the MCX (₹6,720/barrel) was up 3.1 per cent. Brent crude oil futures rose past $80-mark and hit an intra-week high of $82.6 before ending the week lower at $80.80.
After four weeks of weekly decline, we have seen crude oil prices recovering. In MCX, 6000 seems to be temporary base and it seems we may see levels till 6500-6600 before fresh selling pressure comes.
Stocks: Real-time U.S. stock quotes reflect trades reported through Nasdaq only; comprehensive quotes and volume reflect trading in all markets and are delayed at least 15 minutes. International ...