 "Crude oil futures up 0.4% on global cues")
Crude oil futures prices rose by 0.40 per cent to Rs 6,032 per barrel today as speculators enlarged positions, tracking a firm trend in Asia.
At the Multi Commodity Exchange, crude oil for delivery in May gained Rs 24, or 0.40 per cent, to Rs 6,032 per barrel, in a business turnover of 2,853 lots.
The oil for June delivery moved up by Rs 21, or 0.35 per cent, to Rs 6,022 per barrel, with a business volume of 227 lots.
Meanwhile, West Texas Intermediate crude prices for June delivery was up 20 cents to USD 100.46 a barrel on the New York Mercantile Exchange.
At the Multi Commodity Exchange, crude oil for delivery in May gained Rs 24, or 0.40 per cent, to Rs 6,032 per barrel, in a business turnover of 2,853 lots.
The oil for June delivery moved up by Rs 21, or 0.35 per cent, to Rs 6,022 per barrel, with a business volume of 227 lots.
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Marketmen said the rise in crude oil futures was mostly in tune with a firming trend in Asian trade on escalating fears of a full-blow armed conflict in Ukraine as pro-Moscow rebels press on with disputed independence referendums.
Meanwhile, West Texas Intermediate crude prices for June delivery was up 20 cents to USD 100.46 a barrel on the New York Mercantile Exchange.