Crude Oil Futures Rise on Spot Demand
x
Crude oil futures prices rose on Tuesday due to increased spot demand, with West Texas Intermediate and Brent crude also trading higher globally.
New Delhi, May 27 (PTI) Crude oil prices on Tuesday rose Rs 11 to Rs 5,266 per barrel in futures trade as participants increased their positions following a firm spot demand.
On the Multi Commodity Exchange, crude oil for June delivery traded higher by Rs 11 or 0.21 per cent at Rs 5,266 per barrel in 11,624 lots.
Analysts said the rise in bets by participants kept crude oil prices higher in futures trading.
Globally, West Texas Intermediate crude was trading 0.11 per cent higher at USD 61.60 per barrel while Brent crude was trading 0.17 per cent higher at USD 64.85 per barrel in New York.
On the Multi Commodity Exchange, crude oil for June delivery traded higher by Rs 11 or 0.21 per cent at Rs 5,266 per barrel in 11,624 lots.
Analysts said the rise in bets by participants kept crude oil prices higher in futures trading.
Globally, West Texas Intermediate crude was trading 0.11 per cent higher at USD 61.60 per barrel while Brent crude was trading 0.17 per cent higher at USD 64.85 per barrel in New York.
You May Like To Read
TODAY'S MOST TRADED COMPANIES
- Company Name
- Price
- Volume
- Sylph-Industries
- 0.96 (+ 3.23)
- 33999249
- Vodafone-Idea
- 9.42 (+ 1.73)
- 19038231
- Supha-Pharmachem
- 0.43 ( -4.44)
- 15828626
- Pulsar-Intl
- 0.94 (+ 4.44)
- 12433166
- Spicejet
- 13.10 ( -5.07)
- 11766952
MORE NEWS
© 2026 Rediff.com India Limited. All rights reserved. Disclaimer - Terms of Service - Privacy Policy - Feedback