Crude oil futures rise on MCX.

Crude oil futures on MCX experienced a rise in prices due to concerns about a potential hurricane system approaching the US Gulf Coast. However, the uncertainty surrounding global demand and the possibility of a Federal rate cut in September have limited further gains in crude oil prices. The September delivery contract was trading at Rs 5769.00, up 1.14% from its previous closing, while the October delivery contract was trading at Rs 5737.00, up 1.04% from its previous closing. [Extracted from the article]