Crude Oil Futures Rise on Spot Demand

Dec 09, 2025 13:04

Crude oil futures gain on firm spot demand. January delivery up 0.69% at Rs 5,293/barrel on MCX. West Texas Intermediate & Brent crude prices.

New Delhi, Dec 9 (PTI) Crude oil prices on Tuesday rose Rs 37 to Rs 5,293 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 37 or 0.69 per cent at Rs 5,293 per barrel in 3,324 lots.

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

Globally, West Texas Intermediate crude was trading 0.37 per cent lower at USD 58.66 per barrel, while Brent crude fell 0.29 per cent to USD 62.31 per barrel in New York.

Source: PTI

MORE NEWS

PFRDA Expands Pension Fund Investment Options

PFRDA widens investment options for pension funds, including NIFTY 250, gold/silver...

S&P Downgrades ANI Tech (OLA) to CCC

S&P Global Ratings downgrades ANI Technologies (OLA Cabs) to 'CCC' citing covenant...

India Corporate Bond Market to Exceed Rs 100 Tn...

NITI Aayog report: India''s corporate bond market could exceed Rs 100 trillion by 2030...

India Workforce: NCAER Report on Job Growth

NCAER report highlights bottlenecks in India's workforce participation, skilling, small...

Park Medi World IPO Subscribed 98% on Day 2

Park Medi World's IPO received 98% subscription on Day 2. Rs 920-crore IPO details,...

Italy-India Economic Cooperation MoU Signed

SIMEST and ICC sign MoU to boost Italy-India economic cooperation, bilateral...

Sudhir Mehta: Self-Reliance & Big Thinking for...

Sudhir Mehta urges graduates to embrace self-reliance and think big at Pandit Deendayal...

Rural Demand Revival: Nabard Survey Shows...

NABARD survey reveals strong rural demand, rising incomes, and improved consumption....

NZ Trade Delegation Visits India for FTA Talks

New Zealand delegation visits India for free trade agreement (FTA) talks. Reviewing...

Samsung: India to Lead Global Innovation

Samsung filed 14,000+ patents in India, sees it leading global innovation. 30 years in...

Crude Oil Futures Rise on Spot Demand

You May Like To Read

MORE NEWS