PANDIT JI LIVE CRUDE OIL NEWS FORECAST:

Oil Prices Fall Amid Global Stocks Sell-off:

Oil prices traded lower on Thursday amid sharp selloffs in global stock markets.

Crude Oil WTI Futures for December delivery lost0.7% to $66.38 per barrel by 1:38 AM ET (05:38 GMT) on the New York Mercantile Exchange. Brent Oil Futures for December delivery traded 0.7% lower to $75.72 a barrel on London’s Intercontinental Exchange.

“Oil prices fell under extreme selling pressure … as the steep selloff across stock markets fueled fears over a possible drop in oil demand growth,” said Lukman Otunuga, analyst at futures brokerage FXTM.

For Any Query Call@9557530026
www.commoditypandit.com

Leave a Reply

Your email address will not be published. Required fields are marked *