WTI Crude breaks above $100 per barrel to hit six-week top

Crude oil futures jumped on worries over further escalation in the Middle East with the US reportedly planning to resume strikes against Iran. WTI Crude broke above $100 per barrel today and currently trades at $100.16 per barrel, up 0.63% on the day after soaring more than 2% in last session. The counter is currently at a six-week high. Oil prices are up around 11% this month, adding to around 5% gain in September. MCX Crude oil is quoting at Rs 9617 per barrel, up 1.40% on the day after hitting a high around Rs 9630 per barrel.

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