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Crude oil futures rose 0.76 per cent to Rs 6,237 per barrel today as speculators created positions due to a firm trend in the Asian region.
On the Multi Commodity Exchange, crude oil prices for delivery in August traded higher by Rs 47 or 0.76 per cent to Rs 6,237 per barrel with a business turnover of 1,846 lots.
Crude oil prices for April were also up by a similar margin to Rs 6,212 per barrel with a business volume of 57 lots.
Marketmen said the rise in crude oil futures was largely in tandem with a firm trend in Asian trade due to geopolitical tensions.
Meanwhile, West Texas Intermediate crude oil prices for August delivery rose 54 cents to $105.13 and Brent crude for September climbed 26 cents to $107.95 a barrel at midday on the New York Mercantile Exchange.
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