Crude oil futures rose 1.19 percent to Rs 4,414 per barrel on April 8 after participants widened their bets, tracking a firm trend overseas.
At the Multi Commodity Exchange, crude oil for delivery in April was trading higher by Rs 52, or 1.19 percent, at Rs 4,414 per barrel with a business turnover of 24,198 lots.
The crude for delivery in May also edged higher by Rs 49, or 1.12 percent, to Rs 4,434 per barrel with a business volume of 29 lots.
Meanwhile, West Texas Intermediate crude rose 0.40 percent to $63.33 per barrel, while Brent crude, the international benchmark, was up 0.37 percent to $70.60 per barrel.
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Source: Moneycontrol
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