The future of crude oil will be participants expand levels

The price of crude oil high by Rs 9 per barrel to Rs 4,761 on Thursday as participants expanded their positions to meet the need for a strong space.

On the Multi Commodity Exchange, crude for April delivery was trading at Rs 9 or 0.19, up to Rs 4,761 per barrel on 5,520 lots.

Analysts said the challenge for participants was to raise
crude oil prices in futures trading.

Globally, West Texas Intermediate crude traded up 1.30% at $ 63.34 a barrel, and Brent crude traded down 0.38% at $ 66.83 a barrel in New York.

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