 "Crude oil up by 0.2% on firm overseas cues")
Crude oil futures prices today rose marginally by 0.19% to Rs 6,445 per barrel as speculators enlarged positions, tracking a firming trend in the Asian region.
At the Multi Commodity Exchange, crude oil prices for delivery in August traded Rs 12, or 0.19% higher at Rs 6,445 per barrel, with a business turnover of 5,085 lots.
The crude oil prices for September also up by Rs 7, or 0.11%, to Rs 6,382 per barrel, with a business volume of 495 lots.
Also Read
Market analysts said the rise in crude oil futures supported by a firming trend in Asia following a nearly 27- million barrel decline in US stockpiles in the past three weeks.
Meanwhile, West Texas Intermediate crude prices for August delivery gained 44 cents to $108.48 a barrel on the New York Mercantile Exchange.
You’ve reached your limit of {{free_limit}} free articles this month.
Subscribe now for unlimited access.
Already subscribed? Log in
Subscribe to read the full story →*Subscribe to Business Standard digital and get complimentary access to The New York Times
Smart Quarterly
₹900
3 Months
₹300/Month
SAVE 25%
Smart Essential
₹2,700
1 Year
₹225/Month
SAVE 46%
*Complimentary New York Times access for the 2nd year will be given after 12 months
Super Saver
₹3,900
2 Years
₹162/Month
Subscribe
Renews automatically, cancel anytime
Here’s what’s included in our digital subscription plans
Exclusive premium stories online
Over 30 premium stories daily, handpicked by our editors
Complimentary Access to The New York Times
News, Games, Cooking, Audio, Wirecutter & The Athletic
Business Standard Epaper
Digital replica of our daily newspaper — with options to read, save, and share
Curated Newsletters
Insights on markets, finance, politics, tech, and more delivered to your inbox
Market Analysis & Investment Insights
In-depth market analysis & insights with access to The Smart Investor
Archives
Repository of articles and publications dating back to 1997
Ad-free Reading
Uninterrupted reading experience with no advertisements
Seamless Access Across All Devices
Access Business Standard across devices — mobile, tablet, or PC, via web or app
SAVE 25%