Cookies on the Business Insider India website

Business Insider India has updated its Privacy and Cookie policy. We use cookies to ensure that we give you the better experience on our website. If you continue without changing your settings, we\'ll assume that you are happy to receive all cookies on the Business Insider India website. However, you can change your cookie setting at any time by clicking on our Cookie Policy at any time. You can also see our Privacy Policy.

Oil has gone parabolic

Sam RoJan 31, 2015, 01:12 IST

Oil prices are making a huge move.

WTI crude just touched a high of $48.35 per barrel, up 8.7% from Thursday's close.

Brent crude is following suit, surging 9.5% to $53.08 per barrel.

More to come...