WTI Crude oil futures broke under $100 per barrel mark and approached near a two week low as worries over Chinese demand and firm US dollar weighed on the commodity. Chinas commercial hub of Shanghai saw a further escalation in Covid cases as the government locked down most of the citys 26 million residents to stop the spread of COVID-19. The city government has extended an existing lockdown in eastern districts now and public transport in most of the city has been suspended. WTI Crude oil also tracked weakness in the equities and currently trades down 1.48% at $98.80 per barrel. MCX Crude oil futures are trading at Rs 7535 per barrel, down around 3% on the day.
Powered by Commodity Insights
Related Tags
IIFL Customer Care Number
(Gold/NCD/NBFC/Insurance/NPS)
1860-267-3000 / 7039-050-000
IIFL Capital Services Support WhatsApp Number
+91 9892691696
Download The App Now
Follow us on
2025, IIFL Capital Services Ltd. All Rights Reserved
IIFL Capital Services Limited - Stock Broker SEBI Regn. No: INZ000164132, PMS SEBI Regn. No: INP000002213,IA SEBI Regn. No: INA000000623, SEBI RA Regn. No: INH000000248, DP SEBI Reg. No. IN-DP-185-2016
ARN NO : 47791 (AMFI Registered Mutual Fund Distributor)
This Certificate Demonstrates That IIFL As An Organization Has Defined And Put In Place Best-Practice Information Security Processes.
