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Crude oil futures prices rose 0.42% to Rs 5,921 per barrel today as speculators created fresh positions amid a firming trend in Asia.
At the Multi Commodity Exchange, crude oil for delivery in January next year traded Rs 25, or 0.42%, higher at Rs 5,986 per barrel, with a business turnover of 39 lots.
The oil for December also moved up by Rs 21, or 0.36%, to Rs 5,921 per barrel, with a business volume of 1,041 lots.
Market analysts said the rise in crude oil futures was attributed to a firming trend in Asia after US President Barack Obama said he was not sure a deal could be reached this week on Iran's disputed nuclear programme.
Meanwhile, crude oil for December delivery added 31 cents to $93.65 a barrel on the New York Mercantile Exchange.
