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Brent crude trading at $82.92/bbl
image for illustrative purpose
Crude oil futures climbed Rs1 to Rs6,528 per barrel in futures trade as participants widened their positions following a firm spot demand. Globally, West Texas Intermediate (WTI) crude oil was up 0.03 per cent to $78.76 per barrel, and Brent crude traded 0.14 per cent higher at $82.92 per barrel in New York. On MCX, crude oil for March delivery traded higher Rs1 or 0.02 per cent at Rs6,528 per barrel in 4,449 lots. Analysts said raising of bets by participants kept crude oil prices higher in futures trade.