Crude oil prices rose by Rs 21, or 0.61 per cent, to Rs 3,492 per barrel in futures trading today, as traders created fresh positions followed by a firming global trend.
At the Multi Commodity Exchange platform, crude oil for September contract rose by Rs 21, or 0.61 per cent, to Rs 3,492 per barrel, with an open interest of 542 lots.
Similarly, the oil for delivery in July contract moved up by Rs 17, or 0.50 per cent, to Rs 3,409 per barrel, with an open interest of 38,110 lots.
Marketmen said fresh buying by traders in tandem with a firming global trend, mainly led to a rise in crude oil prices at futures trade.
Meanwhile, New York's main contract, crude for delivery in August gained 38 cents to $72.52 a barrel.
