On the Multi Commodity Exchange, crude oil for delivery in July contracts was trading higher by Rs 33, or 0.82 per cent, to Rs 4,050 per barrel in a business turnover of 15,884 lots.
Analysts said speculative positions built up by traders tracking a better trend overseas mainly influenced sentiments at futures prices here.
Meanwhile, West Texas Intermediate (WTI) crude oil gained 0.64 per cent to USD 57.80, while global benchmark Brent advanced 0.35 per cent to USD 65.43 per barrel. PTI ADI SHW SHW
Disclaimer :- This story has not been edited by Outlook staff and is auto-generated from news agency feeds. Source: PTI