Oil prices rose above USD 87 a barrel Friday in international markets. Benchmark U.S. crude rose by USD 1.02 to finish at USD 87.10 a barrel in New York, while Brent crude increased by 35 cents per barrel to USD 101.42 a barrel in London.
In other futures trading, heating oil rose by 1.49 cents to end at USD 2.7882 per gallon and wholesale gas added a penny to finish at USD 2.8161 per gallon. Natural gas was unchanged, ending the week at USD 2.874 per 1,000 cubic feet. In Domestic market, after last trading moves, prices are looking attractive for an upside push if it breaks above 4815 region consistently targeting levels of 4860/4895. On the flip side, prices have to splinter past 4775 region initially to test levels of 4745/4715 and even lower towards 4685 region. Get free sure shot tips MCX Crude Tips on Your Mobile: Just Visit here - http://commodity-intraday.blogspot.com -- Get latest market updates & search internet right from your browser-download our toolbar here- http://investorline.ourtoolbar.com/ Visit our site at – http://investorline.co.in/ Newsroom: http://newsroom.investorline.co.in/ Learning Center- http://learning.investorline.co.in/ Mutual funds - http://mutualfunds.investorline.co.in/ Life Insurance - http://insurance.investorline.co.in/ Investor Journal - http://research.investorline.co.in/ Newscatcher- http://catcher.investorline.co.in/ Interested in Financial Planning-Let us Contact you- http://spreadsheets.google.com/viewform?key=pb_z4f1_zGMg4iBBFT3-SWQ&email=true If you like the site then promote it here- https://www.freetellafriend.com/tell/?url=http://investorline.co.in/blogs/news Create your own free blog on- http://investorline.co.in/blogger Visit this group at http://groups.google.com/group/india-investor
