New Delhi, Mar 22 (PTI) Crude oil prices on Tuesday surged by Rs 212 to Rs 8,543 per barrel as participants widened their positions on a firm spot demand.
On the Multi Commodity Exchange, crude oil for April delivery traded higher by Rs 212 or 2.54 per cent to Rs 8,543 per barrel in 7,644 lots.
Analysts said raising of bets by participants kept crude oil prices higher in futures trade.
Globally, West Texas Intermediate crude oil was up by 1.33 per cent at USD 113.61 per barrel, while Brent crude traded 1.45 per cent higher at USD 117.30 per barrel in New York. PTI SHW RUJ RUJ
