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Energy Preview: Crude stays well supported
(26-Dec-2025, 08:51 Hours IST)
WTI Crude oil futures are witnessing good traction, staying near two-week high above $58 per barrel amid positive cues from equities. The US stocks hovered around record high amidst sustained uptick in technology stocks. The US actions against Venezuelan tankers spark fresh supply fears for oil and new worries are emerging now after the US attacks on Nigeria. Falling rig count is also supporting sentiments after oil prices tested near four-year low. Oil is currently trading up 0.22% at $58.50 per barrel.

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