Brent crude trading at $85.11/bbl

Crude oil prices on Wednesday increased Rs13 to Rs6,784 per barrel in futures trade as participants widened their positions following a firm spot demand.

On the Multi Commodity Exchange, crude oil for July delivery traded higher by Rs13 or 0.19 per cent at Rs6,784 per barrel in 4,480 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 0.25 per cent to $81.03 per barrel, and Brent crude traded 0.12 per cent lower at $85.11 per barrel in New York.