Crude oil prices rebound by 1% on Wednesday as risk sentiment was lifted by upbeat U.S. corporate earnings and rising equity markets. Investors jumped into riskier assets such as commodities amid gains in broader equity markets. Besides, tighter supply conditions as the OPEC+ production cut, which comes ahead of a European Union embargo on Russian oil, will squeeze supply in an already tight market, kept prices elevated. Meanwhile, U.S. crude oil stocks fell by about 1.3 million barrels for the week ended Oct. 14, according to market sources citing American Petroleum Institute figures on Tuesday. WTI Crude oil futures were quoting higher by 0.93% at $82.83 per barrel. 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.
