New Delhi
Crude oil prices on Tuesday rose 0.96 per cent to Rs 6,614 per barrel in futures trade as participants increased their positions following firm spot demand.
On the Multi Commodity Exchange, crude oil for July delivery traded higher by Rs 63, or 0.96 per cent, at Rs 6,614 per barrel in 4,619 lots.
Analysts said the rise of bets by participants kept crude oil prices higher in futures trade.
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Globally, West Texas Intermediate crude was trading 1.01 per cent higher at USD 69.24 per barrel, while Brent crude rose 1.03 per cent to USD 72.73 per barrel in New York.