New Delhi: Crude oil prices rose 0.28 per cent to Rs 3,905 per barrel in futures trade Tuesday as speculators raised their exposure, tracking a rebound in global markets.
On the Multi Commodity Exchange, crude contracts for August delivery went up by Rs 11, or 0.28 per cent, to Rs 3,905 per barrel in a business turnover of 18,091 lots.
Analysts said the rise in crude oil futures was largely in tandem with a firming trend in global trade.