Crude oil futures rise on spot demand
pre-market1 source ↓written by the desknot a recommendation
- prices increased
- ₹8
- in futures trade
- ₹5,280 per barrel
- amid heightened supply-risk
- 0.15%
- fell
- 4-year low
Crude oil prices increased by ₹8 to ₹5,280 per barrel in futures trade, supported by firm international trends. On the Multi Commodity Exchange, January delivery rose 0.15% amid heightened supply-risk concerns from Venezuela and Ukraine-Russia tensions. Active US oil rigs fell to a 4-year low, indicating tighter future supply. ⚡
Not investment advice. For informational purposes only.