Crude oil prices rose by Rs 22, or 0.61 per cent, to Rs 3,635 per barrel in futures trade today, as speculators created fresh positions on the back of firming global trend.
Trading sentiment turned better after oil got up in Asian trade, as investors focused on the positive US economic data even as the Federal Reserve voiced worries about the world's largest economy.
At the Multi Commodity Exchange, crude oil for September contract rose by Rs 22, or 0.61 per cent, to Rs 3,635 per barrel, with an open interest of 319 lots.
The oil for delivery in July contract also moved up by Rs 19, or 0.54 per cent, to Rs 3,555 per barrel, with a business volume of 20,178 lots.
Traders said fresh buying by traders in tandem with a firming global trend led to a rise in crude oil prices at futures trade.
Meanwhile, crude for August delivery rose 14 cents to $76.65 a barrel in New York.
