Crude oil prices rose by Rs 63 to Rs 4,472 per barrel in futures trade on May 1 as speculators were indulged in creating positions, taking positive cues from the domestic market.
On the Multi Commodity Exchange, crude oil for delivery in May contracts was trading higher by Rs 63, or 1.43 percent, to Rs 4,472 per barrel in a business turnover of 13,425 lots.
Meanwhile, West Texas Intermediate was trading lower by 1.19 percent at $63.15, while global benchmark Brent was up 1.05 percent at $72.80 a barrel.
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