Crude Oil Futures Decline on Low Demand - PTI
Jul 10, 2024 12:52
Crude oil futures fell 1.04% on Wednesday to Rs 6,759 per barrel on the Multi Commodity Exchange, driven by low demand. Global crude prices also declined.
New Delhi, Jul 10 (PTI) Crude oil futures on Wednesday declined 1.04 per cent to Rs 6,759 per barrel as participants trimmed their positions on low demand.
On the Multi Commodity Exchange, crude oil for July delivery fell Rs 71 or 1.04 per cent to Rs 6,759 per barrel with a business volume of 5,799 lots.
Globally, West Texas Intermediate crude oil traded 0.54 per cent lower at USD 80.97 per barrel, while Brent crude was trading 0.61 per cent down at USD 84.14 per barrel in New York.
DISCLAIMER - This article is from a syndicated feed. The original source is responsible for accuracy, views & content ownership. Views expressed may not reflect those of rediff.com India Limited.