NEW DELHI: Crude oil futures prices today rose marginally by 0.19 per cent to Rs 6,421 per barrel as speculators enlarged positions, tracking a firming trend in the Asian region.
At the Multi Commodity Exchange, crude oil prices for delivery in August traded Rs 12, or 0.19 per cent, higher at Rs 6,421 per barrel with a business turnover of 4,789 lots.
The crude oil prices for September also up by Rs 8, or 0.13 per cent, to Rs 6,401 per barrel with a business volume of 432 lots.
Market analysts said the rise in crude oil futures supported by a firming trend in Asia as the US Federal Reserve's view that the economy was growing modestly, eased fears it would soon wind down its huge stimulus programme.
Meanwhile, West Texas Intermediate crude prices for September delivery gained 34 cents to USD 105.37 a barrel in mid-morning trade today on the New York Mercantile Exchange.
