Crude oil futures rose 0.27 per cent to Rs 5,121 per barrel Tuesday as speculators raised their bets even as oil eased overseas.
In futures trade at the Multi Commodity Exchange, crude oil for delivery in November was trading higher by Rs 14, or 0.27 per cent, at Rs 5,121 per barrel in 1,687 lots.
Analysts said raising of bets by participants despite a weak trend overseas, kept crude prices higher at futures trade here.
Meanwhile, the US benchmark West Texas Intermediate crude prices fell 0.32 per cent to USD 69.14 barrel and Brent crude shed 0.39 per cent to USD 79.52 a barrel.
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