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Crude Oil Futures Rise Marginally Tracking Positive Global Trends
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News18•14-10-2026, 14:45
Crude Oil Futures Rise Marginally Tracking Positive Global Trends
- •Crude oil prices rose marginally to Rs 8,892 per barrel in futures trade on Wednesday following positive global cues.
- •On the Multi Commodity Exchange, crude oil futures for November delivery increased by Rs 4 or 0.05 per cent with a business turnover of 2,112 lots.
- •Market analysts noted that an increase in betting by participants supported the higher prices in futures trade.
- •Globally, West Texas Intermediate crude traded higher by 0.08 per cent at USD 94.22 per barrel.
- •Brent crude recorded an increase of 0.57 per cent, reaching USD 106.29 per barrel in New York.
Key Questions Answered
Crude oil futures for November delivery rose marginally by Rs 4, or 0.05 per cent, to reach Rs 8,892 per barrel on the Multi Commodity Exchange.
Analysts noted that an increase in bets by market participants kept crude oil prices higher during the futures trade.
Globally, West Texas Intermediate crude was trading at USD 94.22 per barrel up 0.08 per cent, while Brent crude rose by 0.57 per cent to USD 106.29 per barrel in New York.
