Crude oil futures gain on spot demand – Times of India

by The Technical Blogs

NEW DELHI: Crude oil prices on Wednesday increased by Rs 22 to Rs 6,804 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 by Rs 22 or 0.32 per cent at Rs 6,804 per barrel in 7,091 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 0.46 per cent at USD 81.39 per barrel, and Brent crude traded 0.55 per cent higher at USD 85.49 per barrel in New York.

Source link

Related Posts

Leave a Comment


Copyright @2020  All Right Reserved – Designed and Developed by DSF SEO COMPANY