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Oil prices reverse gains after scoring 10-month high peak on Saudi, Russia output cuts; Brent hovers at $89/bbl
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₹7,194 per bbl, having swung between ₹7,154 and ₹7,123 per bbl during the session so far, against a previous close of ₹7,218 per barrel. Against a basket of currencies, the dollar was at 104.69, not far off the six-month high of 104.90 touched overnight.
A stronger dollar can weigh on oil demand by making the fuel more expensive for holders of other currencies. MORE TO COME…Get the best recommendations on Stocks, Mutual Funds and more based on your Risk profile!
. Read more on livemint.comAbout this in other media
Oil prices jump 2% to near 10-month high as OPEC predicts tight supplies economictimes.indiatimes.com /8 months ago
Oil sizzles at 10-month high on Saudi, Russia output cuts, OPEC upbeat on demand; Brent over $91/bbl livemint.com /8 months ago
Oil prices steady near 10-mth highs with OPEC, CPI in focus investing.com /8 months ago
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