Crude Oil Futures Decline on Low Demand - PTI
Dec 19, 2023 14:55
Crude oil futures on the Multi Commodity Exchange declined 1.19% to Rs 6,064 per barrel on Tuesday, driven by low demand. Global oil prices also saw mixed movements.
New Delhi, Dec 19 (PTI) Crude oil futures on Tuesday declined 1.19 per cent to Rs 6,064 per barrel as participants trimmed their positions on low demand.
On the Multi Commodity Exchange, crude oil for January delivery fell Rs 73 or 1.19 per cent to Rs 6,064 per barrel with a business volume of 13,745 lots.
Globally, West Texas Intermediate crude oil traded 0.86 per cent lower at USD 71.85 per barrel, while Brent crude was trading up 0.05 per cent at USD 77.99 per barrel in New York.
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