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Commodities

Crude Oil Futures Soar on Global Price Surge

Guavy AI Editorial Team
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Oil
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Crude oil futures in India rose by Rs 237 to Rs 9,085 per barrel on Monday due to positive global trends. This increase is in line with higher prices for West Texas Intermediate (WTI) and Brent crude globally.

The Multi Commodity Exchange saw a significant price rise of 2.68% in the futures trade, driven by increased bets from participants.

Globally, WTI crude was trading at USD 94.26 per barrel, up 2.00%, while Brent crude was higher by 3.03% at USD 107.48 per barrel in New York.

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