India, Nov. 9 -- Crude oil futures rose by Rs. 23, or 0.27%, to Rs. 8,577 per barrel on Monday, tracking positive trends in the global markets.
On the Multi Commodity Exchange (MCX), crude oil contracts for November delivery gained Rs. 23 to Rs. 8,577 per barrel, with a business turnover of 1,778 lots.
Analysts attributed the rise in crude oil prices to increased position building by market participants, which supported the upward momentum in futures trade.
Published by HT Digital Content Services with permission from Dion Global Solutions Limited....