Crude oil futures was trading higher in the domestic market on Monday as speculators created fresh bets, taking positive cues from Asian markets.
Analysts said, speculators built fresh positions after oil prices rose in Asia following rising diplomatic tensions between Riyadh and the West, giving lift to crude oil prices in futures trade here.
At the MCX, crude oil futures for October 2018 contract was trading at Rs 5326.00 per barrel, up by 1.58 per cent, after opening at Rs 5290.00, against a previous close of Rs 5243.00. It touched an intra-day high of Rs 5334.00.
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