<p>Crude oil prices on Monday rose Rs 40 to Rs 3,195 per barrel as participants widened their positions on firm spot demand.</p>.<p>On the Multi Commodity Exchange, crude oil for delivery in September traded higher by Rs 40, or 1.27 per cent, at Rs 3,195 per barrel in 3,261 lots.</p>.<p>Analysts said raising of bets by participants kept crude oil prices higher in the futures trade.</p>.<p>Globally, West Texas Intermediate crude oil rose 0.68 per cent to $42.63 per barrel, while brent crude was trading up 0.70 per cent at $44.66 per barrel in New York.</p>
<p>Crude oil prices on Monday rose Rs 40 to Rs 3,195 per barrel as participants widened their positions on firm spot demand.</p>.<p>On the Multi Commodity Exchange, crude oil for delivery in September traded higher by Rs 40, or 1.27 per cent, at Rs 3,195 per barrel in 3,261 lots.</p>.<p>Analysts said raising of bets by participants kept crude oil prices higher in the futures trade.</p>.<p>Globally, West Texas Intermediate crude oil rose 0.68 per cent to $42.63 per barrel, while brent crude was trading up 0.70 per cent at $44.66 per barrel in New York.</p>