Crude oil futures rose sharply via Rs. 21 to Rs. 3,380 per barrel these days as speculators created positions due to agency world cues.
on the Multi Commodity alternate, crude oil for supply in present month used to be up with the aid of Rs. 21 or 0.sixty three per cent at Rs. three,380 per barrel with a trade turnover of 1,196 quite a bit.
The oil for supply in far-month may received Rs. 19 or 0.56 per cent to Rs. three,417 per barrel in a turnover of 23 quite a bit.
Analysts mentioned widening of positions by speculators in step with an organization pattern in world markets, supported the upside in crude futures.
meanwhile, US benchmark West Texas Intermediate crude was once up zero.23 per cent at $52.36 and Brent crude rose 0.thirteen per cent to $fifty five.31 a barrel.
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