New Delhi, Mar 9 (PTI) Crude oil prices rose by Rs 177 to Rs 9,615 per barrel on Wednesday as participants widened their positions on a firm spot demand.
On the Multi Commodity Exchange, crude oil for March delivery traded higher by Rs 177 or 1.88 per cent at Rs 9,615 per barrel in 9,009 lots.
Analysts said raising of bets by participants kept crude oil prices higher in the futures trade.
Globally, West Texas Intermediate crude oil was up by 1.18 per cent at USD 125.16 per barrel, while Brent crude traded 1.45 per cent higher at USD 129.84 per barrel in New York. PTI RUJ RUJ AJ AJ