Crude oil prices closed flat last week – Brent crude oil futures on the Intercontinental Exchange (ICE) ended at $80.6 per barrel and crude oil futures on the MCX closed at ₹6,345. MCX-Crude oil (₹6,345)The December futures of crude oil made a high of ₹6,548 last Monday. The crude oil futures is now stuck between the crucial levels at ₹6,000 and ₹6,650. But if crude oil futures fall below the support at ₹6,000, the contract will, most probably, see another leg of downtrend. At the same time, crude oil futures is now trading within two important levels.

Source: The Hindu November 26, 2023 01:55 UTC