Crude oil futures rose by 0.44% to Rs 5,076 per barrel today as speculators enlarged their positions following a firming global trend.
At the MCX, crude oil for delivery in June rose by Rs 22, or 0.44%, to Rs 5,076 per barrel, with an open interest of 4,693 lots.
The July contact moved up by Rs 21, or 0.41%, to Rs 5,118 per barrel, with an open interest of 354 lots.
Analysts attributed the rise in crude futures to a firming trend in Asian trade as major crude producer Iran and Western powers failed to reach agreement over Tehran's nuclear programme.
Meanwhile, crude oil for delivery in July advanced by 84 cents to $91.70 a barrel in morning trade on the New York Mercantile Exchange.
