Indian Crude Oil Futures Rise Marginally to Rs 8,143 Per Barrel

Crude oil futures traded higher on Tuesday as participants increased their positions following firm spot demand. On the Multi Commodity Exchange, crude oil for September delivery rose by Rs 8, or 0.1 per cent, to Rs 8,143 per barrel in 2,524 lots.

The increase in price was marginal, but it reflects a slight uptrend in the market. Crude oil prices have been affected by various factors, including global demand and supply dynamics.

It is worth noting that the rise in price is not significant enough to trigger any major changes in the market. However, it may indicate a shift in investor sentiment towards crude oil futures.