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Crude oil futures gain Rs 17 to Rs 1,804 per barrel

Crude oil for May delivery was up by Rs 22, or 1.1 per cent, to Rs 2,023 per barrel with an open interest of 437 lots.

PTI|
Last Updated: Mar 27, 2020, 02.20 PM IST
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On the Multi Commodity Exchange, crude oil for delivery in April traded higher by Rs 17, or 0.95 per cent, to Rs 1,804 per barrel in 37,183 lots.

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MCX

CRUDEOIL
New Delhi: Crude oil prices on Friday rose Rs 17 to Rs 1,804 per barrel as participants widened their positions in line with a positive trend overseas.

On the Multi Commodity Exchange, crude oil for delivery in April traded higher by Rs 17, or 0.95 per cent, to Rs 1,804 per barrel in 37,183 lots.

Crude oil for May delivery was up by Rs 22, or 1.1 per cent, to Rs 2,023 per barrel with an open interest of 437 lots.

Analysts said raising of bets by participants kept crude prices higher in futures trade here.

Globally, West Texas Intermediate was trading higher by 2.04 per cent at $23.06 per barrel and, Brent crude was up by 0.80 per cent to $26.55 per barrel in New York.

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