Crude oil futures traded marginally decrease on Wednesday morning notwithstanding a caution by OPEC (Organization of the Petroleum Exporting Countries) and its allies, referred to as OPEC+, to cut production to govern the decline in prices.
At 10.01 am on Wednesday, October Brent oil futures had been at $99.Sixty one, down through zero.61 in step with cent, and September crude oil futures on WTI had been at $ninety three.37, down by means of 0.39 according to cent.
September crude oil futures had been trading at ₹7,468 on Multi Commodity Exchange (MCX) on Wednesday morning in opposition to the preceding near of ₹7,502, down by means of zero.45 according to cent; and October futures were buying and selling at ₹,7444 in opposition to the preceding near of ₹7475, down by means of zero.Forty one according to cent.
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