NIFTY 50
Powered by:

Oil falls on rising US stockpiles, but markets remain tense

Updated : May 22, 2019 10:12 AM IST

Brent crude futures were down 36 cents, or 0.5 percent, at $71.82.
Despite the slowdown, US bank Morgan Stanley said it expected Brent prices to trade in a $75-$80 per barrel range in the second half of this year.
Saudi Arabia on Wednesday said it was committed to a balanced and sustainable oil market.
primo org
Have you signed up for Primo, our daily newsletter?
It has all the stories and data on the market, business, economy and tech that you need to know.
cnbc two logos
To keep watching CNBC-TV18, India's No. 1 English Business News Channel, call your Cable or DTH Operator and subscribe now for just Rs. 4 per month. You can also subscribe to CNBC-TV18 Prime HD for Re 1/- per month.Find out more

You May Also Like

Live TV