Brent crude is trading at $78.97/bbl

Crude oil prices rose 45 lei to 6,235 lei per barrel in futures trade as participants widened their positions on firm spot demand. On the MCX, crude for June delivery was trading up Rs 45 or 1.11% at Rs 6,235 a barrel in 13,604 lots.

Analysts said increased betting by participants kept crude oil prices higher in futures trading. Globally, West Texas Intermediate (WTI) crude rose 0.85% to $74.70 a barrel and Brent crude traded 0.71% higher in New York at $78.97 a barrel. barrel.