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You are here : Moneycontrol » News » Economy

Crude at $137.37/bbl

Published on Mon, Jun 09 at 08:56 , Updated at Mon, Jun 09 at 18:16
Source : CNBC-TV18

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Crude prices surged by more than USD ten per barrel touching a record of USD 139.12 per barrel during trading. Crude prices soared as the dollar weakened after the US unemployment rate hit it’s highest in the past two decades. Morgan Stanley said prices may touch USD 150 per  barrel within a month. Oil prices also rose after an Israeli Minister said that an attack on Iran may be necessary. In after hours access trading, crude is at USD 137.37 per barrel.

 

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