MCX Afternoon Update: Crude oil soars above Rs 9400 per barrel

MCX Crude oil futures stayed well supported today and added to gains throughout the session as global Crude oil prices surged nearly 3% as uncertainty around U.S.?Iran negotiations kept markets on edge. Brent crude rose 2.8% to $111 per barrel. The MCX May futures soared 3.65% to Rs 9438 per barrel with a sharp rise in the open interest.

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