<a href="https://www.mid-day.com/business/business-news/article/crude-oil-prices-likely-to-remain-volatile-next-week-on-developments-around-the-strait-of-hormuz-23643810" target="_blank" rel="none noopener">Crude oil prices</a> on Monday rose 0.69 per cent to Rs 7,475 per barrel in futures trade as participants increased their positions following firm spot demand.
On the <a href="https://www.mid-day.com/business/business-news/article/multi-commodity-exchange-alerts-investors-against-fake-telegram-channel--23640273" target="_blank" rel="none noopener">Multi Commodity Exchange</a>, crude oil for August delivery traded higher by Rs 51, or 0.69 per cent, at Rs 7,475 per barrel in 2,729 lots.
Analysts said the rise of bets by participants kept crude oil prices higher in futures trade.
Globally, West Texas Intermediate crude was trading 0.51 per cent higher at USD 78.58 per barrel, while <a href="https://www.mid-day.com/business/business-news/article/global-crude-oil-prices-climb-above-usd-100-as-usiran-conflict-intensifies-23641363" target="_blank" rel="none noopener">Brent crude</a> rose 0.69 per cent to USD 84.13 per barrel in New York.
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On MCX, crude oil prices for August delivery rose Rs 51 to trade at Rs 7,475 per barrel 

Crude oil futures rise 0.69 per cent to Rs 7,475 per barrel on firm spot demand

Hyundai Motor India targets cumulative sales of 10 lakh connected cars by 2027

On the Multi Commodity Exchange, crude oil for August delivery traded higher by Rs 51, or 0.69 per cent, at Rs 7,475 per barrel in 2,729 lots

Crude oil futures increase 0.69 per cent to Rs 7,475 per barrel on firm spot demand

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