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Oil rises $1 as US dollar slips to one-week low, investors shift focus to global economy; Brent at $88/bbl
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₹6,926 per barrel on the multi commodity futures (MCX). -A cheaper greenback typically lifts demand for dollar-denominated oil from investors holding other currencies.
More support for prices came from Euro Zone data that showed business activity expanding at the fastest pace in nearly a year this month. more to comeMilestone Alert!
Livemint tops charts as the fastest growing news website in the world
About this in other media
Nearly 75% of Indians believe that global corporations are a threat to democracy: Report economictimes.indiatimes.com /5 months ago
Gold slips to one-month low despite weak US jobs data; silver declines 1.3% livemint.com /5 months ago
Why the Nifty dropped to 3-week low after hitting fresh highs livemint.com /5 months ago
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