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Crude oil futures up 0.27% on overseas cues

Firm trend in Asia boosted the tarde

Read more on:    Mcx | Nyme | Crude Oil | Crude Oil Futures
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futures for January gained Rs 14, or 0.27%, to Rs 5,120 per barrel in 15,149 lots.

At the Multi Commodity Exchange, the February contract moved up by Rs 13, or 0.25%, to Rs 5,164 per barrel in 1,384 lots.

Speculators creating fresh positions, firm trend in Asia boosted the trade.

Meanwhile, the February contract advanced by 41 cents to $ 93.51 a barrel on the New York Mercantile Exchange.

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Oil prices up in Asian trade

Raised tensions in the crude-producing Middle East push up prices

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