Brent Crude Trading Lower At $74.67/Bbl

Crude oil futures climbed Rs26 to Rs5,937 per barrel as participants widened their positions following a firm spot demand. Globally, West Texas Intermediate (WTI) crude was trading 0.38 per cent higher at $70.46 per barrel, while Brent crude was trading 0.39 per cent down at $74.67 per barrel in New York. On MCX, crude oil for November delivery traded higher Rs26 or 0.44 per cent at Rs5,937 per barrel in 14,205 lots. Analysts said raising of bets by participants kept crude oil prices higher in futures trade.