Crude oil prices on Friday rose by Rs 87 to Rs 8,261 per barrel as participants widened positions on a firm spot demand.
On the Multi Commodity Exchange, crude oil for May delivery traded higher by Rs 87 or 1.06 per cent at Rs 8,261 per barrel in 5,601 lots.
Analysts said the raising of bets by participants kept crude oil prices higher in futures trade.
Globally, West Texas Intermediate crude oil was up by 0.46 per cent at USD 106.62 per barrel, and Brent crude traded 0.74 per cent higher at USD 108.25 per barrel in New York. PTI AJ AJ
