Crude oil futures rise on spot demand
rude oil prices rose by Rs 23 to Rs 4,133 per barrel on Friday as participants widened their positions on firm spot demand.
On the Multi Commodity Exchange, crude oil for February delivery traded higher by Rs 23, or 0.56 per cent, at Rs 4,133 per barrel in 5,510 lots.
Analysts said raising of bets by participants kept crude oil prices higher in futures trade.
