Analysts said the rise in crude oil futures was largely due to raising of bets by participants, but a weak trend in global market, capped the gains.
PTI
@moneycontrolcom
Crude oil prices edged up 0.32 percent to Rs 3,753 per barrel in futures trade Thursday as speculators widened their bets despite a weak trend overseas.
At the Multi Commodity Exchange, crude for delivery in February was up by Rs 12, or 0.32 per cent, to Rs 3,753 per barrel in a business turnover of 6,286 lots.
Analysts said the rise in crude oil futures was largely due to raising of bets by participants, but a weak trend in global market, capped the gains.
First Published on Jan 24, 2019 12:28 pm
