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Union Jack Oil

Crude oil futures rise

Crude oil prices on Monday rose by Rs 10 to Rs 3,005 per barrel as participants widened their positions on firm spot demand. On the Multi Commodity Exchange, crude oil for delivery in October traded higher by Rs 10, or 0.33 per cent, at Rs 3,005 per barrel in 2,215 lots.

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

Union Jack Oil plc (LON:UJO) is an onshore oil and gas exploration company with a focus on drilling, development and investment opportunities in the United Kingdom hydrocarbon sector.