Crude oil futures traded marginally higher on global bourses Tuesday morning as the market expected there would be no aggressive US rate hikes following weaker economic data.

As of 10:02 on Tuesday, December Brent oil futures stood at $93.50, up 0.26 percent; and November crude oil futures on WTI were at $84.91, up 0.39 percent.

November crude oil futures on the Multi Commodity Exchange (MCX) were trading at £7,048 in early trade versus the previous…

Source link