Mumbai, March 10 -- Crude oil futures edged above $67 per barrel in Asian trades, rebounding from $66 as weak Chinese economic data and shifting US tariff policies kept demand concerns in focus. On MCX, March crude oil futures held steady at 5862 rupees per barrel. China's deflationary pressures added to worries over its crude appetite, while uncertainty over US tariffs on Canada and China fueled volatility. OPEC+ sticking to output hikes kept oil under pressure, but losses were cushioned as Trump threatened more sanctions on Russia. Market eyes now turn to potential OPEC+ policy shifts if instability deepens.
Published by HT Digital Content Services with permission from Capital Market....