Latest News | Crude Oil Futures Rise on Spot Demand

New Delhi, Oct 15 (PTI) Crude oil prices rose Rs 54 to Rs 6,152 per barrel on Friday, as participants widened their positions on a firm spot demand.

On the Multi Commodity Exchange, crude oil for the October delivery traded higher by Rs 54, or 0.89 per cent, at Rs 6,152 per barrel in 4,683 lots.

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Analysts said raising of bets by participants kept crude oil prices higher in the futures trade.

Globally, West Texas Intermediate crude oil was up 0.97 per cent to USD 82.10 per barrel, while Brent crude traded 1.11 per cent higher at USD 84.93 per barrel in New York. HRS hrs

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(The above story is verified and authored by Press Trust of India (PTI) staff. PTI, India’s premier news agency, employs more than 400 journalists and 500 stringers to cover almost every district and small town in India.. The views appearing in the above post do not reflect the opinions of LatestLY)