Crude oil futures remain up on global cues

Crude oil futures prices rose by Rs 9 to Rs 3,725 per barrel today, as speculators enlarged their positions, supported by a firm trend in overseas markets.

At the Multi Commodity Exchange counter, crude oil for delivery in December added Rs 9, or 0.24 per cent to Rs 3,725 per barrel, with a business turnover of 13 lots.

Similarly, the oil for delivery in January gained Rs 8, or 0.21 per cent to Rs 3,773 per barrel, with a trade volume of two lots.

Market analysts said sustained buying by speculators on the back of a firm global trend led to the rise in crude oil futures prices.

Meanwhile, New York's main contract, crude for December, added 10 cents to $81.84.