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Brent crude trading at $73.10/bbl
Brent crude trading at $73.10/bbl
Crude oil prices on Friday increased Rs41 to Rs5,825 per barrel in futures trade as participants widened their positions following a firm spot demand. On the Multi Commodity Exchange, crude oil for October delivery traded higher Rs41 or 0.71 per cent at Rs5,825 per barrel in 8,376 lots. Analysts said raising of bets by participants kept crude oil prices higher in futures trade. Globally, West Texas Intermediate crude oil was up by 0.58 per cent to $69.55 per barrel, and Brent crude traded 0.56 per cent higher at $73.10 per barrel in New York.