Crude oil prices rise on upbeat global cues

2022-06-25 05:20:26 By : Ms. Shirley Lee

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Crude oil prices rose 0.61 percent to Rs 4,157 per barrel in futures trade on July 12 as speculators raised their exposure, tracking a rebound in global markets.

On the Multi Commodity Exchange, crude for July delivery went up by Rs 25, or 0.61 percent, to Rs 4,157 per barrel in a business turnover of 23,863 lots.

Analysts said the rise in crude oil futures was largely in tandem with a firming trend in global trade.

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