Crude oil futures jump on firm spot demand
NEW DELHI: Crude oil prices rose Rs 33 to Rs 5,313 per barrel on Wednesday, as participants widened their positions on a firm spot demand.
On the Multi Commodity Exchange, crude oil for the June delivery traded higher by Rs 33, or 0.63 per cent, at Rs 5,313 per barrel in 7,932 lots.
Analysts said raising of bets by participants kept crude oil prices higher in the futures trade.
