Motilal Oswal
  • SENSEX
    NIFTY 50
Motilal Oswal
Commodities
Powered by:

US oil prices rise by 1 percent amid expectations of volatile 2019

Updated : January 02, 2019 07:55 AM IST

West Texas Intermediate (WTI) spot crude oil futures were trading at $45.86 per barrel at 0024 GMT, up 45 cents, or 1 percent, from their final close in 2018.
Oil prices ended 2018 with losses for the first time since 2015, after a desultory fourth quarter that saw buyers flee the market over growing worries about a supply glut and mixed signals related to renewed US sanctions on Iran.
The outlook for 2019 is riddled with uncertainty, analysts said, including US-China trade concerns and Brexit, as well as political instability and conflict in the Middle East.
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