Crude oil futures rise on spot demand
NEW DELHI: Crude oil prices rose Rs 15 to Rs 5,612 per barrel on Monday as participants widened their positions on a firm spot demand.
On the Multi Commodity Exchange, crude oil for the July delivery traded higher by Rs 15, or 0.27 per cent, to Rs 5,612 per barrel in 8,976 lots.
Analysts said raising of bets by participants kept crude oil prices higher in the futures trade.
