Crude oil futures gained on firm spot demand. September delivery traded higher on MCX. WTI and Brent crude prices also rose.
New Delhi, Sep 2 (PTI) Crude oil prices on Tuesday rose Rs 19 to Rs 5,694 per barrel in futures trade as participants increased their positions following a firm spot demand.
On the Multi Commodity Exchange, crude oil for September delivery traded higher Rs 19 or 0.33 per cent at Rs 5,694 per barrel in 2,685 lots.
Analysts said raising of bets by participants kept crude oil prices higher in futures trade.
Globally, West Texas Intermediate crude was trading 1.42 per cent higher at USD 64.92 per barrel while Brent crude rose 0.43 per cent to USD 68.44 per barrel in New York.