MCX Crude oil futures slipped sharply in early moves, falling more than one percent as the global cues turned negative amid weaknesses in equities. WTI futures are trading at $102.45 per barrel, down 1.60% on the day. MCX Crude oil is also down by 1.27% at Rs 8149 per barrel. Oil has failed to sustain on moderate rallies amid sustained selling pressure as traders eyed global recession worries.Powered by Commodity Insights
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