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Crude oil futures prices rose 0.4 per cent to Rs 6,032 per barrel today as speculators enlarged positions, tracking a firm trend in Asia.
On the Multi Commodity Exchange, crude oil for delivery in May gained Rs 24 or 0.4 per cent to Rs 6,032 per barrel in a business turnover of 2,853 lots.
Similarly, the oil for June delivery moved up by Rs 21 or 0.35 per cent to Rs 6,022 per barrel with a business volume of 227 lots.
Marketmen said the rise in crude oil futures was mostly in tune with a firm trend in Asian trade on escalating fears of a full-blow armed conflict in Ukraine as pro-Moscow rebels press on with disputed independence referendums.
Meanwhile, West Texas Intermediate crude prices for June delivery was up 20 cents at $100.46 a barrel on the New York Mercantile Exchange.
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