HomeNewsBusinessMarketsCrude hits intraday high at USD 92.58/bbl on Mon

Crude hits intraday high at USD 92.58/bbl on Mon

Crude saw an intraday high of USD 92.58/barrel on Monday, highest level since October 2008. API inventory report will be announced today. Currently it is trading at USD 91.5 a barrel.

January 04, 2011 / 08:58 IST

By Gautam Broker, Research Analyst at CNBC-TV18

Commodity watch

Macro data surprised both in US and Europe. Commodities rallied post data releases on Monday. However, there was slight profit booking on dollar strength today morning.

US ISM

first published: Jan 4, 2011 08:31 am

Discover the latest Business News, Sensex, and Nifty updates. Obtain Personal Finance insights, tax queries, and expert opinions on Moneycontrol or download the Moneycontrol App to stay updated!

Advisory Alert: It has come to our attention that certain individuals are representing themselves as affiliates of Moneycontrol and soliciting funds on the false promise of assured returns on their investments. We wish to reiterate that Moneycontrol does not solicit funds from investors and neither does it promise any assured returns. In case you are approached by anyone making such claims, please write to us at grievanceofficer@nw18.com or call on 02268882347