Crude oil futures rise on global cues

NEW DELHI: Crude oil added Rs 13 to Rs 6,030 per barrel in futures market today as speculators created fresh positions, taking a positive cues from overseas markets.

At the Multi Commodity Exchange, crude oil for delivery in November rose by Rs 13, or 0.22 per cent, to Rs 6,030 per barrel in business turnover of 10,765 lots.

In a similar fashion, the oil for delivery in December gained Rs 21, or 0.21 per cent, to Rs 6,074 per barrel in 435 lots.

Market analysts attributed the rise in crude oil futures to a firm global trend.

Meanwhile, crude oil rose 54 cents at 97.40 dollar a barrel in New York Exchange.