Crude oil futures help up well on mostly firm leads from world equities. Asian equities edged up with Chinas Shanghai composite adding 0.68% and Japans Nikkei index rising around 1%. The European equities saw muted trades but losses were curbed after recent losing spree. US stocks edged up on Tuesday though the overall mood remains cautious ahead of the inflation data on Friday. WTI Crude oil futures are currently trading at $120.51 per barrel, up around 1% on the day. The market is also waiting for the EIA weekly US crude oil inventory data due later on in the day. Powered by Commodity Insights
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