Brent Crude Trading Flat At $74.45/Bbl

Crude oil prices on Friday climbed Rs68 to Rs5,945 per barrel in futures trade as participants widened their positions following a firm spot demand. On the Multi Commodity Exchange, crude oil for November delivery traded higher Rs68 or 1.16 per cent at Rs5,945 per barrel in 12,765 lots. Analysts said raising of bets by participants kept crude oil prices higher in futures trade.

Globally, West Texas Intermediate crude was trading marginally higher at $70.68 per barrel, while Brent crude was trading flat at $74.45 per barrel in New York.