Crude oil futures gain Rs 22 to Rs 3,729 per 10 gm

Crude oil prices on Monday edged up by Rs 22 to Rs 3,729 per barrel as speculators widened their positions

driven by spot demand. Analysts said raising of bets by participants kept crude prices higher in futures trade

here.

On the Multi Commodity Exchange, crude oil for delivery in February traded higher by Rs 22, or 0.59 per

cent, to Rs 3,729 per barrel in 27,498 lots.

Crude oil for March delivery was up by Rs 8, or 0.64 per cent, to Rs 3,761 per barrel with an open interest of

1,677 lots.

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