New Delhi, May 27: Crude oil prices rose by Rs 11 to Rs 5,266 per barrel in futures trade on Tuesday as participants increased their bets due to strong spot demand.
Crude oil prices for June delivery rose by Rs 11, or 0.21 percent, to Rs 5,266 per barrel on the Multi Commodity Exchange in a business turnover of 11,624 lots.
Analysts said crude oil prices rose in futures trade as participants raised bets.
Globally, West Texas Intermediate crude oil prices rose 0.11 percent to $61.60 per barrel, while Brent crude oil prices rose 0.17 percent to $64.85 per barrel.
