Crude oil futures rise 1.17% on positive global cues - Economic Times

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NEW DELHI: Crude oil prices rose by Rs 45 or 1.17 per cent to Rs 3,900 per barrel in futures trading on Monday as traders indulged in creating fresh positions on the back of firming global trend.

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At the Multi Commodity Exchange, crude oil for far-month July contract shot up by Rs 45 or 1.17 per cent to Rs 3,900 per barrel, with an open interest of 23 lots.

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The oil for delivery in June contract also inched up by Rs 23 or 0.60 per cent to Rs 3,881 per barrel in 112 lots, while April contract gained Rs 3 or 0.08 per cent to Rs 3,833 per barrel in 16,604 lots.

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