Crude oil futures firm up on overseas cues
New Delhi: Crude oil prices on Wednesday rose 5.5 per cent to Rs 1,976 per barrel as participants widened their positions tracking a positive trend overseas.
On the Multi Commodity Exchange, crude oil for delivery in April traded higher by Rs 103, or 5.5 per cent, to Rs 1,976 per barrel in 27,659 lots.
Crude oil for May delivery was up by Rs 105, or 5.04 per cent, to Rs 2,187 per barrel with an open interest of 351 lots.
