Crude Oil Futures Rise on Spot Demand

By By Rediff Money Desk, New Delhi
Dec 02, 2025 12:38
Crude oil futures gain on firm spot demand. January delivery up on MCX. WTI and Brent crude prices also rise in New York.
New Delhi, Dec 2 (PTI) Crude oil prices on Tuesday rose Rs 21 to Rs 5,342 per barrel in futures trade as participants increased their positions following a firm spot demand.

On the Multi Commodity Exchange, crude oil for January delivery traded higher Rs 21 or 0.39 per cent at Rs 5,342 per barrel in 2,329 lots.

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

Globally, West Texas Intermediate crude was trading 0.15 per cent higher at USD 59.41 per barrel, while Brent crude rose 0.08 per cent to USD 63.21 per barrel in New York.
Source: PTI
Read More On:
crude oil futuresspot demandmcxwti crudebrent crude
DISCLAIMER - This article is from a syndicated feed. The original source is responsible for accuracy, views & content ownership. Views expressed may not reflect those of rediff.com India Limited.

MORE NEWS

Rajasthan Progressing: CM Sharma on Development

CM Sharma highlights Rajasthan's rapid progress in tourism, IT, renewable energy,...

Indian Startup Funding & Investments News

Latest funding news: Neosapien raises USD 2 mn, Isprout borrows Rs 60 cr, Ekta World...

Sweden & India: Sustainability & Collaboration

Sweden reaffirms commitment to India on sustainability, decarbonisation, and green...

Ambuja Neotia: Paediatric Centre Opens in Newtown

Ambuja Neotia launches a paediatric multispecialty centre in Newtown, Kolkata....

EU-India FTA Hopeful in 6 Months, Says Tajani

Tajani hopes for EU-India FTA in 6 months. Goyal confident of resolving issues. Deal...

CCI Orders Liquor Trade Bodies

CCI directs Maharashtra liquor trade bodies to stop anti-competitive practices....

Phones Hinder Family Time: Vivo Study

Vivo study reveals phones disrupt family conversations & bonding. Kids & parents feel...

Japanese Firms Explore Karnataka GCC Expansion

28 Japanese companies meet Karnataka govt to explore Global Capability Centre (GCC)...

ICAI Approves SA 600 Revisions for Group Audits

ICAI Council approves revisions to auditing standard SA 600. Aims to improve clarity,...

World Bank: USD 600M for Clean Air in Haryana, UP

World Bank approves USD 600M to improve air quality in Uttar Pradesh & Haryana,...

Read More »

Sectoral Indices Market Indicators Listed Companies Gainers Losers Mutual Funds Portfolio Watchlist
© 2025 Rediff.com