Crude oil prices on Wednesday surged 2.37 per cent to Rs 3,539 per barrel as participants enlarged their holdings tracking a positive trend overseas.
Analysts said raising of bets by participants kept crude prices higher in futures trade here.
On the Multi Commodity Exchange, crude oil for delivery in March traded higher by Rs 82, or 2.37 per cent, to Rs 3,539 per barrel in 32,831 lots.
