Crude oil futures rose by Rs 9 to Rs 3,995 per barrel in futures market Tuesday as speculators created fresh positions amid weak global cues. At the Multi Commodity Exchange, crude oil for delivery in March was trading higher by Rs 9, or 0.23 per cent, to Rs 3,995 per barrel with a business turnover of 14,269 lots.
The crude for delivery in April also moved up by Rs 10, or 0.25 per cent, to Rs 4,039 per barrel with a business volume of 639 lots. Marketmen attributed the rise in crude oil futures to raising of bets by participants even as overseas market traded on a cautious path. Read More
Latest posts by Business-Standard.com (see all)
- Essar Power, GMR receive govt notice to revoke bank guarantees - April 19, 2019
- Coal India sets production target of 655 mt; 3-fold rise from last fiscal - April 19, 2019
- Adani Power withdraws offer to acquire KSK Mahanadi project in Chhattisgarh - April 19, 2019