Crude oil futures gain on firm Asian markets

Crude oil futures gained on MCX as speculators created positions amid a firm trend in Asian markets. The release of a key indicator of US energy demand and a meeting of the OPEC oil cartel also influenced the commodity prices. The contract for June delivery was trading Rs 6204.00, up by 0.55% or Rs 34.00 from its previous closing of Rs 6170.00. The open interest of the contract stood at 12805.00 lots. The contract for July delivery was trading at Rs 6183.00, up by 0.55% or Rs 34.00 from its previous closing of Rs 6149.00. The open interest of the contract stood at 1237.00 lots on MCX.