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 - Indian Businessman Donates Entire Building For Coronavirus Quarantine in Dubai
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 - Watch: Saudi Doctor Returns Home, Breaks Down in Tears After Stopping Son From Hugging Him
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 - G-20 Countries to Inject $5 Trillion Into Global Economy to Combat COVID-19: Report
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.