Crude oil futures increase on spot demand – PTI

New Delhi, Oct 24 (PTI) Crude oil prices on Thursday rose by Rs 68 to Rs 6,044 per barrel in futures trade as participants widened their bets following strong spot demand.
On the Multi Commodity Exchange, crude oil for November delivery expansion by Rs 68, or 1.14 per cent, to Rs 6,044 per barrel in a business turnover of 13,571 lots.
Analysts said crude oil prices rose in futures trade as participants increased their deals.
Globally, West Texas Intermediate crude price in New York was trading at $71.79 per barrel, down 1.44 per cent, while Brent crude price was at $75.92 per barrel, down 1.28 per cent.