Crude oil prices will go up, says Mani Shankar Aiyar

Crude oil prices will go up, says Mani Shankar AiyarNew Delhi, June 20 - Congress leader Mani Shankar Aiyar, on Friday, said that the prices of crude oil will increase owing to the crisis in Iraq.

He said, "Because of this the price of petroleum products will also go up."

He asked: "would BJP be doing something new that was not done by the Congress government?"

Answering to questions about onions costs going upto rupees 100 per kg in October, he said "This could happen."

Sensex snaps 2-day losing streak; hovering near 25,250

SensexMumbai: The benchmark BSE Sensex on Friday rose over 45 points in early trade after two sessions of losses on emergence of buying by funds in oil and gas, consumer durables, realty and healthcare sector stocks amidst a firming Asian cues.

The 30-share barometer rose by 45.08 points, or 0.18 percent, to 25,246.8 points. The index had lost 319.39 points in the previous two sessions.

Similarly, the wide-based National Stock Exchange index Nifty moved up by 4.15 points, or 0.06 percent, to 7,544.85.

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