Mumbai, Dec. 23 -- WTI Crude oil futures rose yesterday, benefitting from supportive equities and sustained bargain buying. Oil also eyed uncertainty on Russia-Ukraine war and WTI Crude oil futures broke above $58 per barrel, approaching one-week high. Another key factor at play right now is the falling US oil rig count. The US oil-focused rigs are at a four-year low and this could ensure that oil stayed supported after testing around four-year low few days ago.
Published by HT Digital Content Services with permission from Capital Market....