NEW DELHI, Oct 30: Crude oil rose 0.20 per cent to Rs 3,508 per barrel in futures market today as speculators created fresh bets, taking positive cues from Asian markets.
At the Multi Commodity Exchange, crude oil for delivery in November contracts rose by Rs 7, or 0.20 per cent to Rs 3,508 per barrel in a business turnover of 2,065 lots.
Analysts said, speculators built fresh positions after oil prices rose in Asia, giving lift to crude oil prices in futures trade here.
Meanwhile, West Texas Intermediate gained 0.04 per cent to USD 53.92 while Brent crude traded at USD 60.13 per barrel. (PTI)
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