Brent Crude marginally higher at $60.78/bbl

Crude Oil prices rose by Rs 42 to Rs 5,197 per barrel in the futures trade on Monday amid cautious sentiment over geopolitical developments.

Crude oil futures for January delivery rose by Rs 42, or 0.81 per cent, to Rs 5,197 per barrel in a business turnover of 18,270 lots. Similarly, the February contract increased by Rs 37, or 0.72 per cent, to Rs 5,202 per barrel in 3,011 lots. In the international markets,

West Texas Intermediate (WTI) crude oil futures went up by 0.24 per cent to $57.46 per barrel, while Brent Crude was trading marginally higher at $60.78 per barrel in New York.