Crude Oil Futures Decline on Low Demand - PTI
May 31, 2024 13:34
Crude oil futures declined on Friday, falling 0.02% to Rs 6,487 per barrel, driven by low demand. Global benchmarks also saw declines. Read more.
New Delhi, May 31 (PTI) Crude oil futures on Friday declined 0.02 per cent to Rs 6,487 per barrel as participants trimmed their positions on low demand.
On the Multi Commodity Exchange, crude oil for June delivery fell Re 1 or 0.02 per cent to Rs 6,487 per barrel with a business volume of 5,683 lots.
Globally, West Texas Intermediate crude oil traded 0.23 per cent lower at USD 77.73 per barrel, while Brent crude was trading 0.04 per cent lower at USD 81.83 per barrel in New York.
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