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Crude oil futures on MCX rose Rs 196 to Rs 9,268 per barrel on Tuesday, with WTI up about 1.4% to $97.76 and Brent up 1.6% to $106.40. Analysts attributed the gain to bullish positioning in futures trade.
A routine price move in crude that carries through to fuel and freight costs for feed buyers. No new supply event is reported, so the move is unlikely to persist without a fresh catalyst.
money.rediff.comRediff Money DeskNov 3, 2026Not enough comparable past events yet for a historical read.
Not enough comparable past events yet for a historical read.
Moves of each commodity's benchmark from the last close before the event. Historical reads pool past events of the same kind; they describe what happened, not what will. Not investment advice.
