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Crude oil futures prices rose 0.34 per cent to Rs 4,748 per barrel as speculators created fresh positions tracking a firm trend in Asian trade.
At the Multi Commodity Exchange, crude oil for delivery in July gained Rs 16 or 0.34 per cent to Rs 4,748 per barrel with a business turnover of 7,655 lots.
Similarly, August delivery moved up by a similar margin to Rs 4,793 per barrel with a business volume of 495 lots.
Market analysts attributed the recovery in crude oil futures to a firm trend in Asia as traders bought at prevailing attractive levels following a plunge late last week triggered by disappointing US jobs figures.
Meanwhile, crude oil for August delivery advanced by 8 cents to $84.63 a barrel on the New York Mercantile Exchange.
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