NEW DELHI, Dec 3: Crude oil futures prices rose 0.51 per cent to Rs 5,882 per barrel today as speculators enlarged positions amid a firming trend in Asia.
At the Multi Commodity Exchange, crude oil for delivery in December traded Rs 30, or 0.51 per cent, higher at Rs 5,882 per barrel, with a business turnover of 1,537 lots.
The oil for January 2014 also moved up by Rs 28, or 0.47 per cent, to Rs 5,938 per barrel, with a business volume of 60 lots.
Market analysts said the rise in crude oil futures was attributed to a firming trend in Asia with strong manufacturing data from major economies auguring well for demand.
Meanwhile, crude oil for January delivery added 33 cents to USD 94.15 a barrel on the New York Mercantile Exchange. (PTI)
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