Crude oil prices have risen as participants increased their positions following firm spot demand. The price of crude oil futures climbed by 0.61% to Rs 7,892 per barrel in trading. This increase was due to participants expanding their positions amid strong spot demand.
The global West Texas Intermediate (WTI) crude was trading 0.62% higher at $83.72 per barrel, while Brent crude rose 0.56% to $89.41 per barrel in New York.
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