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Crude oil futures up on global cues

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Press Trust of India New Delhi
Last Updated : Jan 20 2013 | 10:13 PM IST

Crude oil prices rose by Rs 9 to Rs 4,276 per barrel in futures trade today tracking a firming trend in the overseas markets. 

At the Multi Commodity Exchange, crude oil for delivery in June rose by Rs 9, or 0.21%, to Rs 4,276 per barrel, with a business turnover of 18,807 lots. 

Likewise, the oil for delivery in July gained Rs 7, or 0.16%, to Rs 4,325 per barrel, with an open interest of 4,644 lots.

Market analysts attributed the rise in crude oil futures price to a firming global trend.

Meanwhile, crude for July delivery gained 73 cents to $95.54 a barrel on the New York Mercantile Exchange.

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First Published: Jun 16 2011 | 2:28 PM IST

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