New Delhi, Feb 15 (PTI) Crude oil prices continued the upward move for yet another day by rising 0.91 per cent to Rs 3,902 per barrel Friday as speculators indulged in raising their bets taking positive cues from overseas market. Also Read - Ramadan 2021: Ramzan Fast to Begin From Tomorrow, Saudi Arabia Announces
Crude oil for delivery in February was trading higher by Rs 35, or 0.91 per cent, at Rs 3,902 per barrel in a business turnover of 5,761 lots at the Multi Commodity Exchange. Also Read - Saudi Arabia Makes Coronavirus Vaccine Mandatory For Hajj Pilgrimage As COVID Cases Soar
Analysts said the persistent rise in crude prices at futures trade was in line with a firm trend overseas where the international benchmark Brent crude again crossed the USD 65 mark after top exporter Saudi Arabia said it would cut crude exports. Also Read - Saudi Arabia: From Red Sea Project, To Green Riyadh, Ecotourism in The Kingdom to Sees an Upward Trend
Meanwhile, West Texas Intermediate gained 0.85 per cent to USD 54.84, while Brent crude rose 0.63 per cent to USD 65.04 per barrel.
This is published unedited from the PTI feed.