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Crude oil futures prices rose 0.26% to Rs 4,944 per barrel today as speculators created positions amid a mixed trend in Asia.
At the Multi Commodity Exchange, crude oil for delivery in November gained Rs 13, or 0.26%, to Rs 4,944 per barrel, with a business turnover of 991 lots.
The commodity for December delivery moved up by Rs 12, or 0.24%, to Rs 4,969 per barrel, with a business volume of 52 lots.
Marketmen said the rise in crude oil futures was largely in tandem with a mixed trend in Asian trade as dealers focused on a slew of global manufacturing data for clues about demand growth, while a strong dollar capped any gains.
Meanwhile, West Texas Intermediate crude prices for December delivery fell four cents to USD 80.50 while Brent crude for December added four cents to USD 85,90 a barrel in mid-morning trade in the New York Mercantile Exchange.
