MCX Evening Update: Crude soars impressively, Natural Gas gains too

MCX Crude oil futures edged up amid firm global cues as WTI Crude hit $115 per barrel amid escalating tensions in West Asia. MCX Crude oil topped out around Rs 10900 per barrel in morning trades and tumbled thereafter, falling to a low around Rs 10400 per barrel in afternoon. It shot up thereafter though and currently trades up 1.54% at Rs 10751 per barrel. MCX Natural Gas is up 0.45% at Rs 267 per mmbtu after falling near Rs 260 per mmbtu in afternoon.

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