 "Crude oil up 0.62% on overseas cues")
Crude oil futures rose by 0.62 per cent to Rs 6,340 per barrel today as speculators created fresh positions amid a mixed trend in Asia.
At the Multi Commodity Exchange, crude oil for delivery in July traded higher by Rs 39, or 0.62 per cent, to Rs 6,340 per barrel, with a business turnover of 2,603 lots.
August crude added by Rs 37, or 0.59 per cent, to Rs 6,337 per barrel, with a business volume of 145 lots.
Meanwhile, West Texas Intermediate crude for August delivery was up one cent to $105.35 a barrel, while Brent North Sea crude for August eased 15 cents to $112.14 in mid-morning trade on the New York Mercantile Exchange.
At the Multi Commodity Exchange, crude oil for delivery in July traded higher by Rs 39, or 0.62 per cent, to Rs 6,340 per barrel, with a business turnover of 2,603 lots.
August crude added by Rs 37, or 0.59 per cent, to Rs 6,337 per barrel, with a business volume of 145 lots.
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Analysts attributed the rise in crude oil futures to a mixed trend in Asia as dealers await the release of a US stockpiles report for clues about demand in the world's top crude consumer.
Meanwhile, West Texas Intermediate crude for August delivery was up one cent to $105.35 a barrel, while Brent North Sea crude for August eased 15 cents to $112.14 in mid-morning trade on the New York Mercantile Exchange.