Crude oil futures surge 1.65% to Rs 4,507/barrel; Brent trades near $64

Crude oil futures surge 1.65% to Rs 4,507/barrel; Brent trades near $64

The black gold has been trading higher than 5, 20, 50, 100 and 200 days#39; moving averages on the daily chart. The momentum indicator Relative Strength Index (RSI) is at 53.03, indicating positive momentum in prices.