Crude oil futures rise to Rs 5,832 per barrel

PTI Updated - November 06, 2013 at 12:20 PM.

Crude oil futures prices rose 0.21 per cent to Rs 5,832 per barrel today as speculators created fresh positions, tracking a firm trend in Asia.

On the Multi Commodity Exchange, crude oil for delivery in November traded higher by Rs 12 or 0.21 per cent at Rs 5,832 per barrel with a business turnover of 4,539 lots.

Similarly, the oil for December delivery also moved up by Rs 12 or 0.2 per cent to Rs 5,890 per barrel with a business volume of 254 lots.

Market analysts said that the rise in crude oil futures was attributed to a firm trend in Asia ahead of US stockpiles report.

Meanwhile, crude oil for December delivery added 41 cents to $93.78 a barrel in mid-morning trade on the New York Mercantile Exchange.

Published on November 6, 2013 06:37