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    HomeNewsBusinessCompaniesCrude oil futures up on domestic cues

    Crude oil futures up on domestic cues

    Analysts said raising of bets by participants kept crude prices to trade higher.

    PTI
    August 26, 2019 / 14:55 IST

    Crude oil prices rose 0.6 percent to Rs 3,886 per barrel on August 26 as speculators created fresh positions amid positive domestic cues.

    Analysts said raising of bets by participants kept crude prices to trade higher.

    On the Multi Commodity Exchange, crude for delivery in September contracts was trading higher by Rs 23, 0.6 percent to Rs 3,886 barrel in 23,982 lots.

    However, globally, the West Texas Intermediate was trading lower by 0.98 percent to $53.64.

    Meanwhile, Brent crude, the international benchmark rose 0.84 percent to $58.84 per barrel in New York.

    PTI
    first published: Aug 26, 2019 02:44 pm

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