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Today, Crude oil futures plunged by 3 per-cent in the native market on Friday as investors & speculators cut risky bets in the energy commodity which sank to the lowest level in 11 weeks in the overseas market as concerns over a world wide supply glut worsened.

Today, Sensex slided over 200 pts tracking weak cues from other Asian markets on Wednesday, led by losses in ITCBSE -1.91 %, SBI, ICICI BankBSE -1.78 %, L&T, and RILBSE -0.74 %.

Crude oil futures slided over 1 per-cent in the native market on Wednesday as investors & speculators exited positions in the energy commodity tracking a bearish trend in the overseas market as an eighth straight rise in US crude oil stockpiles last week aggravated fears over a global supply glut.

Crude oil futures tanked around 4 per-cent in the native market on Friday last week as investors and speculators resorted to heavy selling after the OPEC, the cartel that accounts for around 40 per-cent of world wide crude supplies, refused to curb production to alleviate a supply glut.

The edible oil industry has endorsed the govt to increase the import duty on both crude & refined oil, along with setting aside a portion of the revenue earned to set up an Oilseeds Development Fund to increase native production.

Crude oil prices expanded gains on Friday, as the dollar slumped as compared to the euro, although market focus is fixed on an OPEC meeting in Vienna where the group is hope to reiterate its high output strategy.

Today, Crude oil futures plummeted over 1 per-cent in the native market while tumbling to a 6 year low in the overseas market as investors, observers and speculators regained to a heavy sell-off in the energy commodity amidst continued fears that a global oil glut may exacerbate due to the fallout of the OPEC's decision to maintain production at high levels, and sluggish world wide growth of economy which may weaken requirement.

Today, Pricers Castorseed fell down by 1.06 per-cent at the National Commodity & Derivatives Exchange Limited (NCDEX) as a result of fresh supply of the commodity in the major mandies as well as strong production estimates.

Prices of Barley closed low by 1.08 per-cent yesterday at the National Commodity & Derivatives Exchange Limited (NCDEX) as the investors booked profits at the higher on account of the weak physical markets and also due to the fell down in the requirement from beer and cattle-feed makers.

Barley Trading - Barley prices ended high by 0.91 per-cent on yesterday at the National Commodity & Derivatives Exchange Limited (NCDEX) as a result of strong demand from beer and cattle-feed making industries against restricted supply in physical markets.