Crude Oil Futures Rise on Strong Demand - PTI
By Rediff Money Desk, New Delhi Dec 31, 2024 13:04
Crude oil futures prices climbed on Tuesday, driven by increased demand. WTI and Brent crude also rose in global markets.

New Delhi, Dec 31 (PTI) Crude oil prices on Tuesday climbed Rs 37 to Rs 6,146 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 0.61 per cent at Rs 6,146 per barrel in 11,019 lots.
Analysts said the raising of bets by participants kept crude oil prices higher in futures trade.
Globally, West Texas Intermediate crude was trading 0.85 per cent higher at USD 71.59 per barrel while Brent crude was trading 0.81 per cent higher at USD 74.59 per barrel in New York.
On the Multi Commodity Exchange, crude oil for January delivery traded higher Rs 37 or 0.61 per cent at Rs 6,146 per barrel in 11,019 lots.
Analysts said the raising of bets by participants kept crude oil prices higher in futures trade.
Globally, West Texas Intermediate crude was trading 0.85 per cent higher at USD 71.59 per barrel while Brent crude was trading 0.81 per cent higher at USD 74.59 per barrel in New York.
Source: PTI
Read More On:
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.
You May Like To Read
TODAY'S MOST TRADED COMPANIES
- Company Name
- Price
- Volume
- Srestha Finvest
- 0.52 ( -8.77)
- 55285518
- Vodafone Idea L
- 8.07 ( -2.42)
- 34584307
- G G Engineering
- 1.04 ( -1.89)
- 10071638
- Standard Capital
- 0.79 ( 0.00)
- 9971293
- YES Bank Ltd.
- 17.46 ( -1.19)
- 9343371
MORE NEWS
ASCI Flags 413 Offshore Betting Ads in 2025
The Advertising Standards Council of India (ASCI) flagged 413 offshore betting ads to...

Uber Switches to Cash-Only Auto Rides: SaaS Model
Uber shifts to a subscription-based model for auto drivers, making rides cash-only....

Rishi Sunak Meets India's Finance Minister:...
Former UK Prime Minister Rishi Sunak met with India's Finance Minister Nirmala...