Crude Oil Futures Rise on Spot Demand

Dec 01, 2025 13:04

Crude oil futures gain on firm spot demand. December delivery up 1.03% at Rs 5,379 per barrel on MCX. WTI & Brent crude prices also rise.

New Delhi, Dec 1 (PTI) Crude oil prices on Monday rose Rs 55 to Rs 5,379 per barrel in futures trade as participants increased their positions following a firm spot demand.

On the Multi Commodity Exchange, crude oil for December delivery traded higher Rs 55 or 1.03 per cent at Rs 5,379 per barrel in 13,909 lots.

Analysts said the rise of bets by participants kept crude oil prices higher in futures trade.

Globally, West Texas Intermediate crude was trading 2.39 per cent higher at USD 59.94 per barrel, while Brent crude rose 2.29 per cent to USD 63.80 per barrel in New York.

Source: PTI

MORE NEWS

NAFED Urad Procurement in UP: 50 Centers Open

NAFED to open 50 urad procurement centers in 17 UP districts. Farmers can sell at MSP...

NCLAT Asks Renewal of Bank Guarantee for IL&FS...

NCLAT directs Brookfield-backed Chronos to renew bank guarantee for acquiring IL&FS...

SBI Reduces Lending Rate After RBI Cut

SBI cuts lending rate by 25 bps after RBI rate cut. Loans become cheaper for borrowers....

Pakistan & Binance Pact: Tokenisation of Assets

Pakistan and Binance sign MoU for tokenisation of assets up to USD 2 billion. Boost...

IndiGo Seeks Rs 900 Cr Customs Duty Refund in...

IndiGo moves Delhi HC for Rs 900 crore Customs duty refund on re-imported aircraft...

Sebi Clears Pranav Adani in Insider Trading Case

Sebi clears Pranav Adani, Adani Group director, of insider trading charges related to...

Sebi Officials & Asset Disclosure: Privacy...

Sebi officials express privacy concerns over public asset disclosure. Pandey discusses...

New Labour Codes: Supply Chains, Wages, Skilling

New Labour Codes in India aim for frictionless supply chains, universal wage coverage,...

Fidelity Buys 6.3% Stake in Meesho

Fidelity International acquires a 6.3% stake in e-commerce firm Meesho. The stake is...

Wipro & Google Cloud Deploy Gemini AI

Wipro expands Google Cloud partnership to deploy Gemini AI across operations. Jointly...