Brent Crude Trading At $74.42/Bbl

Crude oil prices climbed Rs6 to Rs5,908 per barrel in futures trade as participants widened their positions following a firm spot demand. Globally, West Texas Intermediate (WTI) crude was trading 0.33 per cent higher at $70.63 per barrel, while Brent crude was trading 0.27 per cent down at $74.42 per barrel in New York. On MCX, crude oil for November delivery traded higher Rs6 or 0.1 per cent at Rs5,908 per barrel in 11,012 lots. Analysts said raising of bets by participants kept crude oil prices higher in futures trade.