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(As on Feb 05, 2025, 14:24)

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Crude oil futures gain on spot demand

Crude oil prices on Wednesday climbed Rs 4 to Rs 6,347 per barrel in futures trade as participants increased their positions following a firm spot demand.

On the Multi Commodity Exchange, crude oil for February delivery traded higher by Rs 4 or 0.06 per cent at Rs 6,347 per barrel in 5,310 lots.

Analysts said raising of bets by participants kept crude oil prices higher in futures trade.

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