Crude oil futures achieve on spot demand

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Crude oil futures achieve on spot demand



NEW DELHI: Crude oil costs on Wednesday elevated by Rs 22 to Rs 6,804 per barrel in futures commerce as members widened their positions following a agency spot demand. On the Multi Commodity Trade, crude oil for November supply traded greater by Rs 22 or 0.32 per cent at Rs 6,804 per barrel in 7,091 tons.
Analysts stated elevating of bets by members stored crude oil costs greater in futures commerce.
Globally, West Texas Intermediate crude oil was up by 0.46 per cent at USD 81.39 per barrel, and Brent crude traded 0.55 per cent greater at USD 85.49 per barrel in New York.