NEW DELHI, Sept 9: Crude oil futures rose by 0.77 per cent to Rs 5,632 per barrel today as speculators created fresh positions amid a mixed trend in Asia.
At the Multi Commodity Exchange, crude oil for delivery in September traded higher by Rs 43, or 0.77 per cent, to Rs 5,632 per barrel, with a business turnover of 3,542 lots.
The oil for delivery in October also moved up by Rs 34, or 0.61 per cent, to Rs 5,627 per barrel, with a business volume of 289 lots.
Analysts attributed the rise in crude oil futures to a mixed trend in Asia on concerns about fragile demand, flush global supplies and a surging US dollar.
Meanwhile, West Texas Intermediate crude for October delivery rose 33 cents to USD 92.99 a barrel, while Brent North Sea crude for October fell nine cents to USD 100.11 in late-morning trade on the New York Mercantile Exchange. (PTI)
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