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You are here : Moneycontrol » News » Economy

Crude at $133.94/bbl

Published on Mon, Jun 16 at 08:40 , Updated at Mon, Jun 16 at 14:13
Source : CNBC-TV18

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Crude prices fell to USD 134 dollars after Saudi Arabian oil minister said record prices are unjustified and the state oil company signaled that it may soon start pumping from a new field.  Saudi Arabia, the world's biggest oil exporter, is planning to increase its output next month by about a half-million barrels a day.

 

In after hours access trading, crude is at USD 133.94 per barrel.

 

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