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29/06/2026 14:29

Crude oil futures rise 0.7% on firm spot demand

Crude oil futures gained 0.7% on Monday, driven by firm spot demand and fresh buying by market participants.

On the Multi Commodity Exchange (MCX), July crude oil contracts climbed Rs 46 to Rs 6,623 per barrel, with an open interest of 7,088 lots.

Market analysts said increased buying interest by traders, backed by strong demand in the physical market, supported the rise in crude oil futures.