Crude oil prices on Tuesday rose by `14 to ` 9,239 per barrel as participants widened positions on a firm spot demand.
On the Multi Commodity Exchange, crude oil for June delivery traded higher by `14 or 0.15 per cent at `9,239 per barrel in 12,582 lots.
Analysts said the raising of bets by participants kept crude oil prices higher in futures trade.
Globally, West Texas Intermediate crude oil was up by 0.37 per cent at USD 118.94 per barrel, while Brent crude traded 0.33 per cent higher at USD 119.90 per barrel in New York.
Crude oil futures gain on spot demand
Wednesday, 08 June 2022 | PTI
| New Delhi
Crude oil futures gain on spot demand
Wednesday, 08 June 2022 | PTI | New Delhi
