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Brent crude trading lower at $79.61/bbl
image for illustrative purpose
Crude oil prices increased Rs13 to Rs6,187 per barrel in futures trade as participants widened their positions following a firm spot demand.
Globally, West Texas Intermediate (WTI) crude oil was down by 0.18 per cent to $74.09 per barrel, and Brent crude traded 0.11 per cent lower at $79.61 per barrel in New York.
On MCX, crude oil for January delivery traded higher by Rs13 or 0.21 per cent at Rs6,187 per barrel in 11,929 lots. Analysts said raising of bets by participants kept crude oil prices higher in futures trade.
