December, 15 2025 Monday 01:17 Hrs
Last update 11-9-2025
  • SENSEX :   85,267.66

  • Commodity broking firm in India449.53( 0.53%) 12-Dec-2025

Pre Session Commentary - Detailed News

Energy Preview: WTI crude oil set for weekly loss of over 3%
12-Dec-25   09:14 Hrs IST

WTI crude oil futures regained some momentum in early Asia on Friday but are still on track for a weekly loss of more than 3%. The counter is currently quoting at $58.01 per barrel, up 0.71% on the day. Fed's recent rate reduction and geopolitical tensions are providing some support to the commodity. Meanwhile, the International Energy Agency reaffirmed its forecast for a record supply glut, though slightly lower than last month's estimate, and noted that global inventories have climbed to a four-year high.

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