On Thursday, Crude oil prices have declined from the highs touched amid hopes of a nuclear deal between the US and Iran.

Brent crude was trading around $112 per barrel after hitting $119.84 on Thursday, the highest level since 2013. It later closed at $110.46 per barrel.

• PTC Industries Shares Soar 4% on Inking a Supply Agreement 
• HCL Tech Shares Gain 2% on Partnering Up with Strategy 
• Shares of Shriram Pistons skyrocketed 9% on Acquiring Antolin Lighting
• Stocks in Focus: Lloyds Engineering, SEAMEC, RailTel, and Others
• Overnight Stock Market Movements: Key Developments 

In the morning trade, oil prices, however, increased from their closing levels of Thursday.

Rahul Kalantri, VP Commodities, Mehta Equities Ltd, said, “Crude oil showed profit taking at higher levels on signs that high-stakes talk about reviving a nuclear deal of the United States with Iran may conclude soon. If the deal happens, then Iranian oil will return to the international markets and could cap gains.”