PTI

Crude oil futures gain on spot demand

Crude oil futures gain on spot demand

PTI

New Delhi, Nov 22 (PTI) Crude oil prices on Wednesday increased Rs 16 to Rs 6,484 per barrel in futures trade as participants widened their positions following a firm spot demand.

On the Multi Commodity Exchange, crude oil for December delivery traded higher by Rs 16 or 0.25 per cent at Rs 6,484 per barrel in 11,075 lots.

Analysts said raising of bets by participants kept crude oil prices higher in futures trade.

Globally, West Texas Intermediate crude oil was down by 0.05 per cent to USD 77.73 per barrel, and Brent crude traded 0.07 per cent lower at USD 82.39 per barrel in New York. PTI HG SHW

Disclaimer: This story is auto-generated feed.

BEML supplies mission-critical aerospace structures for ISRO’s LVM3-M6 launch

Reddy reviews rehabilitation work under Revised Jharia Master Plan

Navi Mumbai International Airport to start commercial flight operations on Thursday

RBI postpones 2nd phase of quicker cheque clearing mechanism

ISRO launches heaviest satellite with successful LVM3-M6 mission