Brent crude was trading higher at $85.44/bbl

Crude oil prices rose by Rs 49 to Rs 6,960 per barrel in futures trade as participants widened their positions on firm spot demand.

Globally, West Texas Intermediate (WTI) crude rose 0.75% to $83.47 a barrel and Brent crude traded 0.42% higher in New York at $85.44 a barrel. barrel. On the MCX, crude for July delivery was trading up Rs 49 or 0.71% at Rs 6,960 a barrel in 7,926 lots. Analysts said increased betting by participants kept crude oil prices higher in futures trading.