Crude oil futures up 0.37% on positive demand

NEW DELHI: Crude oilNSE -0.03 % futures rose by 0.37 per cent to Rs 4,297 per barrel on Thursday after participants widened their bets tracking a firm domestic trend.

At the Multi Commodity Exchange, crude oil for delivery in April was trading higher by Rs 16, or 0.37 per cent, to Rs 4,297 per barrel with a business turnover of 23,875 lots.

Marketmen attributed the rise in crude oil futures to raising of bets by traders despite a tepid trend overseas.

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