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.

HAL to manufacture SJ-100 civil aircraft in India; signs MoU with UAC

Jio leads telecom subs growth, BSNL maintains lead over Airtel in September: TRAI report

Sensex, Nifty trade higher on Fed rate cut hopes, prospects of US–China deal

Punjab Min meets NHAI Chairman to review progress on infrastructure issues

PESB names Salve Sandeep for AVNL’s Director (HR) post