The price of Brent crude rose for the seventh straight day as looming sanctions on Iran pushed up oil futures. Is the rise in oil prices here to stay or running on fumes?
Oilseeds eased from the high during the afternoon session on profit taking. The NCDEX RSO August delivery ended the last day down by 0.18% at Rs 794.05 after moving in the range of Rs 800-792.10 per 10 kg.