Crude Oil Futures Rise on Spot Demand

Dec 08, 2025 13:19

Crude oil futures gain in futures trade due to firm spot demand. January delivery up on MCX. WTI and Brent crude also rise.

New Delhi, Dec 8 (PTI) Crude oil prices on Monday rose Rs 14 to Rs 5,435 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 by Rs 14 or 0.26 per cent at Rs 5,435 per barrel in 2,694 lots.

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

Globally, West Texas Intermediate crude was trading 0.27 per cent higher at USD 60.24 per barrel, while Brent crude rose 0.27 per cent to USD 63.92 per barrel in New York.

Source: PTI

MORE NEWS

Cyber Attacks Surge Post Operation Sindoor

Cyber attacks on government networks surged 7x after Operation Sindoor. NICSI MD...

RBI Injects Liquidity via OMO Purchase

RBI injects Rs 50,000 crore liquidity through Open Market Operation (OMO) purchases of...

IndiGo Flight Disruptions: Captain Gopinath...

Captain Gopinath analyzes IndiGo flight disruptions, citing arrogance, poor planning,...

Leverage Edu: Dubai Study Surge from India

Leverage Edu reports a 40x surge in applications from India to study in Dubai. Dubai is...

RBI Cancels NBFC Registrations

RBI cancels registration of 4 NBFCs, 4 others surrender certificates. Action taken...

RBI Eases Cash Credit Restrictions

RBI relaxes restrictions on cash credit facilities after stakeholder feedback. Draft...

Indian Startup Funding & Investments News

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

Rajasthan Progressing: CM Sharma on Development

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

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....