Crude oil up as Israel toys with options other than Gaza
Crude oil futures traded higher on Friday morning as Israel indicated that it is preparing for scenarios in other areas than Gaza.
At 9.56 am on Friday, June Brent oil futures were at $90.25, up by 0.57 per cent, and May crude oil futures on WTI (West Texas Intermediate) were at $85.63, up by 0.72 per cent.
April crude oil futures were trading at ₹7,140 on Multi Commodity Exchange (MCX) during initial trading on Friday morning against the previous close of ₹7,109, up by 0.44 per cent, and May futures were trading at ₹7,103 against the previous close of ₹7,068, up by 0.50 per cent.