Supported by a firming trend overseas on the back of positive US jobs data, crude oil prices rose by 0.13% in the futures market today.
At the Multi Commodity Exchange, crude oil for delivery in February gained Rs 7, or 0.13%, to Rs 5,293 per barrel, with a trading volume of 393 lots.
January crude gained Rs 6, or 0.11%, to Rs 5,274 per barrel in 5,829 lots.
Analysts said increased speculator interest on the back of a firming trend overseas following the release of positive US jobs data and a fall in crude inventories -- which dropped to their lowest level in nearly three years -- mainly influenced crude futures prices here.
Meanwhile, crude oil for February delivery gained seven cents to $99.60 a barrel on the New York Mercantile Exchange.
