India, Dec. 15 -- Crude oil prices edged higher in futures trade on Monday, supported by firm spot demand and increased buying by market participants. On the Multi Commodity Exchange (MCX), crude oil for January delivery rose by Rs 12, or 0.23 per cent, to trade at Rs 5,250 per barrel, with volumes of 10,203 lots.
Analysts attributed the uptick in prices to fresh positions taken by participants, which helped keep crude oil futures in positive territory.
Published by HT Digital Content Services with permission from Dion Global Solutions Limited....