COMMODITIES TRENDS: MCX June crude futures could trade within the range of 5,890 to 6,565
MUMBAI, 16 JUNE: Crude oil prices Friday initially soared by +11% after news that Israel launched a major military strike on Iran, although prices then settled back and closed the day up over 6.00%. The oil markets are concerned Iran may attempt to disrupt oil flows from the Persian Gulf. Approximately 20% of the world’s…
