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Crude oil futures gain on spot demand, global cues

Globally, West Texas Intermediate crude oil was trading 0.64 per cent up at USD 59.56 per barrel.

PTI|
Last Updated: Dec 13, 2019, 02.51 PM IST|Original: Dec 13, 2019, 02.51 PM IST
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Analysts said fresh bets created by participants kept crude prices higher in futures trade.

Commodity Summary
MCX

CRUDEOIL
New Delhi: Crude oil prices on Friday gained Rs 5 to Rs 4,205 per barrel as speculators created fresh positions amid positive trend at spot market.

Analysts said fresh bets created by participants kept crude prices higher in futures trade.

On the Multi Commodity Exchange, crude for delivery in December traded higher by Rs 5, or 0.12 per cent to Rs 4,205 per barrel in 27,180 lots.

Globally, West Texas Intermediate crude oil was trading 0.64 per cent up at USD 59.56 per barrel.

Meanwhile, Brent crude, the international benchmark rose 0.87 per cent to USD 64.17 per barrel in New York.

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