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Brent crude trading at $83.21/bbl
image for illustrative purpose
Crude oil prices climbed Rs24 to Rs6,571 per barrel in futures trade as participants widened their positions following a firm spot demand.
Globally, West Texas Intermediate (WTI) crude oil was up 1.48 per cent to $78.87 per barrel, and Brent crude traded 0.13 per cent higher at $83.21 per barrel in New York.
On MCX, crude oil for May delivery traded higher Rs24 or 0.37 per cent at Rs6,571 per barrel in 6,458 lots. Analysts said raising of bets by participants kept crude oil prices higher in futures trade.