Crude Oil Futures Decline on Low Demand - PTI
Jul 19, 2024 13:07
Crude oil futures declined on Friday due to low demand, falling 1.49% to Rs 6,869 per barrel on the Multi Commodity Exchange. Global oil prices also saw declines.
New Delhi, Jul 19 (PTI) Crude oil futures on Friday declined 1.49 per cent to Rs 6,869 per barrel as participants trimmed their positions on low demand.
On the Multi Commodity Exchange, crude oil for July delivery fell Rs 104 or 1.49 per cent to Rs 6,869 per barrel with a business volume of 4,210 lots.
Globally, West Texas Intermediate crude oil traded 0.86 per cent lower at USD 82.11 per barrel, while Brent crude was trading 0.66 per cent down at USD 84.55 per barrel in New York.
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