Asia · Regional markets · Moneycontrol

Crude oil futures spike over 3% to Rs 9,783/barrel; Brent tops $117

Published by Moneycontrol · India 9 h ago

The December-May Brent spread is backwardated by around USD 13–17 a barrel, which means buyers are paying that much more for oil now than for oil in five months.

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Crude oil futures spike over 3% to Rs 9,783/barrel; Brent tops $117

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