Commodities
Crude Oil Prices Edge Up on Firm Demand, Global Market
Crude oil prices rose in futures trade as participants increased their positions following firm spot demand. The price of Crude oil for August delivery traded higher by Rs 81 in 8,168 lots.
The rise in bets by participants kept crude oil prices higher in futures trade, according to analysts.
Globally, West Texas Intermediate crude was trading 0.51 per cent higher at $79.60 per barrel, while Brent crude increased 0.45 per cent to $79.90 per barrel in New York.