MCX Crude Oil Tips Today: All Target Hit 4930 To 5006 — Crude Oil yesterday settled up by 5.32% at 4887 recovering from a seven-day losing streak due to a weaker dollar and strength in global equities markets.
Crude oil relief rally as banking concerns ease
On Monday, the price of crude oil increased in early trading as concerns over turmoil in the banking sector eased, while comments by Russian President Vladimir Putin over the weekend heightened geopolitical tensions in Europe. Brent crude futures rose by 0.4%, or 33 cents, to $75.32 a barrel at 0040 …