New Delhi, April 23: Crude oil prices rose by Rs 93 to Rs 5,545 per barrel in futures trade on Wednesday as participants increased the size of their deals due to strong spot demand.
Crude oil contracts for May delivery on the Multi Commodity Exchange traded higher by Rs 93, or 1.71 percent, at Rs 5,545 per barrel, with 14,264 lots traded open.
Analysts said crude oil prices rose in futures trade as participants increased their deals.
Globally, West Texas Intermediate crude was trading 1.66 percent higher at $64.73 per barrel in New York, while Brent crude was up 1.60 percent at $68.52 per barrel.
