Oil prices rise amid drop in US inventories
At 423.6 million barrels, US crude oil inventories are about 8 per cent below the five year average for this time of year.
At 423.6 million barrels, US crude oil inventories are about 8 per cent below the five year average for this time of year.
Crude oil futures fell 2.73 per cent to Rs 4,485 per barrel on 28 May, in line with a weak trend overseas as speculators cut bets.
Crude oil futures fell by Rs 66 to Rs 4,027 per barrel on Thursday, 1 March, as speculators reduced their…
