Mumbai, Feb. 9 -- Crude oil futures are set for a weekly gain although the counter is treading along the flat line in early Asia on Friday. Prolonged supply concerns amid tensions persisting in the Middle East are keeping the commodity elevated above $76 per barrel and are set to gain by around 6% for the week. Meanwhile, a stronger than expected drawdown in gasoline and middle-distillate stocks also buoyed the oil market. Currently, WTI crude oil futures are quoting at $76.29 per barrel, up 0.09% on the day.
Published by HT Digital Content Services with permission from Capital Market....