Crude Oil Futures Rise as Spot Demand Boosts Prices
Crude oil futures on the Multi Commodity Exchange (MCX) rose by 0.61% to Rs 7,892 per barrel in September delivery contracts.
This increase is attributed to participants boosting their positions following strong spot demand for crude oil.
The price of crude oil for September delivery traded higher by Rs 48 at 1,132 lots on the MCX.