US crudeoil hit fresh two-year highs on Friday, as the shutdown of a major crude pipeline from Canada to the United States tightened North American markets.Trading activity is expected to be very low on Friday due to the US Thanksgiving holiday.
US West Texas Intermediate (WTI) crude futures were at $58.37 a barrel at 0100 GMT, up 35 cents, or 0.6 per cent from their last settlement. They reached a high of $58.58 a barrel early on Friday, the highest level since July 1, 2015. Brent crude futures dipped to $63.35, down 20 cents or 0.3 per cent. For More Information Please Visit : www.paceresearchindia.com and Call : 8817774774
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