Analysts said the rise in crude oil futures was largely in tandem with a firming trend in global trade.
Crude oil contracts for July delivery traded lower by Rs 35, or 0.88 per cent, at Rs 3,943 per barrel.
On the Multi Commodity Exchange, crude for delivery in July contracts was trading lower by Rs 58 at Rs 3,889.
On MCX, crude oil for delivery in July contracts was trading higher by Rs 64, to Rs 4,100 per barrel.
On Multi Commodity Exchange, crude oil for delivery in July contracts was trading higher by Rs 33, to Rs 4,050 per barrel.
The rise in oil prices - jumping as much as 4.5 per cent before pulling back somewhat - boosted shares of energy companies.
Analysts said, crude oil prices bounced back in tandem with a firm trend overseas.