Crude oil futures firm up by 1.22% to Rs 3,165 on overseas cues


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Crude oil futures prices rose notably by 1.22 per cent to Rs 3,165 per barrel today as speculators engaged in enlarging positions, tracking a firming trend in Asia.

At the Multi Commodity Exchange, crude oil for delivery in March traded Rs 38, or 1.22 per cent, higher at Rs 3,165 per barrel, with a business turnover of 263 lots.

The oil for February also moved up by Rs 37, or 1.21 per cent, to Rs 3.090 per barrel, with a business volume of 3,352 lots.


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Sweet crude futures for delivery in March CLH5, -0.95% traded at $52.35 a barrel at last check, down 0.8%, or 41 cents, in the Globex electronic session.
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