Day: April 27, 2024

Crude oil price may reach $97 a barrel by year-end, says Goldman Sachs; MCX crude resistance near Rs 6000-6100Crude oil price may reach $97 a barrel by year-end, says Goldman Sachs; MCX crude resistance near Rs 6000-6100

By Bhavik Patel Oil price is set for a second consecutive weekly gain thanks to the support from OPEC+ where Saudi Arabia agreed to extend their voluntary cut of 1 million bpd while Russia also committed to cut its production by 5,00,000 bpd. The two measures would take 1.5 million bpd off the market in […]