On the Multi Commodity Exchange, crude oil for February delivery traded higher Rs 32 or 0.52 per cent at Rs 6,196 per barrel in 589 lots. Analysts said the raising of bets by participants kept crude oil prices higher in futures trade.
Globally, West Texas Intermediate crude was trading 0.47 per cent higher at USD 72.06 per barrel while Brent crude was trading 0.44 per cent higher at USD 74.97 per barrel in New York.
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