Crude oil futures up 0.27% on firm domestic demand

Press Trust of India  |  New Delhi 

futures rose 0.27 per cent to Rs 4,493 per barrel Tuesday after participants widened their bets tracking a firm trend in the domestic market.

At the Multi Commodity Exchange, for April contracts was trading higher by Rs 12, or 0.27 per cent, to Rs 4,493 per barrel in a business turnover of 26,433 lots.

The for May contracts also edged up by Rs 9, or 0.2 per cent, to Rs 4,502 per barrel in a business volume of 29 lots.

Meanwhile, Intermediate crude prices rose 0.11 per cent to USD 64.47 per barrel, while Brent crude, the international benchmark dipped 0.07 per cent to USD 71.05 per barrel.

(This story has not been edited by Business Standard staff and is auto-generated from a syndicated feed.)

First Published: Tue, April 09 2019. 14:10 IST