Crude Oil Futures Decline on Low Demand - PTI

By By Rediff Money Desk, New Delhi
Oct 01, 2024 12:48
Crude oil futures on the Multi Commodity Exchange declined 0.5% to Rs 5,739 per barrel on Tuesday, driven by low demand and traders trimming their positions.
New Delhi, Oct 1 (PTI) Crude oil futures on Tuesday declined 0.5 per cent to Rs 5,739 per barrel as participants trimmed their positions on low demand.

On the Multi Commodity Exchange, crude oil for October delivery fell Rs 3 or 0.5 per cent to Rs 5,739 per barrel with a business volume of 17,697 lots.

Globally, West Texas Intermediate crude was trading 0.18 per cent higher at USD 68.29 per barrel, while Brent crude was trading 0.17 per cent up at USD 71.82 per barrel in New York.
Source: PTI
Read More On:
demandcrude oiloil pricesfuturesmcx
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.

You May Like To Read

MORE NEWS

Sensex, Nifty Fall for 3rd Day: FIIs Sell, Oil...

Sensex and Nifty closed lower for the third consecutive day due to profit-taking in oil...

Govt to Tweak MedTech & Pharma Regulations:...

Niti Aayog member VK Paul says the government is considering changes to regulations for...

Coal India Production Drops in September 2023

Coal India's coal production declined by 1% in September 2023 to 50.9 MT, but its...

PM E-DRIVE: Rs 10,900 Cr Scheme for Electric...

India launches PM E-DRIVE, a Rs 10,900 crore scheme to accelerate electric vehicle...

Amazon Festive Sale Sees Surge in Tier-2 City...

Amazon India's Great Indian Festival sale saw 80% of customer visits in the first 48...

GST Anti-Profiteering Sunset Date: Apr 1, 2025

Indian government sets April 1, 2025, as the sunset date for GST anti-profiteering....

MilkLane Launches Antibiotic-Safe Milk...

MilkLane, a dairy brand under Innoterra, launches a procurement service providing...

TVS Motor Sales Surge 20% in September 2024

TVS Motor Company reports a 20% increase in sales in September 2024, reaching 4,82,495...

Avaada Group to Invest Rs 1 Lakh Cr in...

Avaada Group announces Rs 1 lakh crore investment in Rajasthan for green energy...

Govt Extends MIP on Synthetic Knitted Fabrics...

The Indian government has extended the minimum import price (MIP) on synthetic knitted...

Read More »

Sectoral Indices Market Indicators Listed Companies Gainers Losers Mutual Funds Portfolio Watchlist
© 2024 Rediff.com