Crude futures pared some losses after crashing to near two-month lows on Friday, as U.S. rig counts rose for a fourth consecutive week, dampening some optimism that the longstanding supply glut on global energy markets could be on the verge of leveling off.
Crude futures rallied somewhat in the final hour of Friday's session after reports surfaced of a mass shooting at a shopping mall in Munich. The shooting comes roughly a week after a terrorist deliberately drove a truck into a Bastille Day crowd in Nice, killing 84 people and injuring at least 300 others. Oil prices typically move higher in periods of heightened geopolitical instability.
Looking for investment in Share Market, CapitalStars Financial Research Private Limited provides you best investments Tips in Share Market.It daily provides intraday and Future calls with profit assurity. You can plan your Future investments with us, Join and take our services and get benefits.
Get more details here:-
Commodity Market Tips
0 comments:
Post a Comment