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Crude Dips 3% On MCX

19 Sep 2022 , 04:58 PM

WTI Crude oil futures slipped near one and half week low, sliding in tune with the global equities amid firm US dollar and worries over demand. The US dollar index is holding on impressively today, consolidating just under its two decade high of 110 as market looks at the US Federal Reserve monetary policy meeting on Wednesday. WTI Crude oil futures are currently trading down 2.82% at $82.37 per barrel. MCX Crude oil futures are also down around 3% to trade at Rs 6610 per barrel.
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