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Crude oil futures firm up 0.69% on global cues

Crude oil NSE -1.29 % prices rose 0.69 per cent to Rs 4,214 per barrel in futures trade Monday as speculators created fresh positions taking positive cues from global markets.

At the Multi Commodity Exchange, crude oil for delivery in April was trading higher by Rs 29, or 0.69 per cent, to Rs 4,214 per barrel in a business turnover of 3,635 lots.

Analysts said speculative positions built up by traders tracking a better trend overseas mainly influenced sentiment of futures prices trade here.

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