Crude Oil Futures Decline on Low Demand - PTI
Dec 29, 2023 14:39
Crude oil futures declined on Friday due to low demand, falling 0.41% to Rs 6,023 per barrel on the Multi Commodity Exchange. Global oil prices rose.
New Delhi, Dec 29 (PTI) Crude oil futures on Friday declined 0.41 per cent to Rs 6,023 per barrel as participants trimmed their positions on low demand.
On the Multi Commodity Exchange, crude oil for January delivery fell Rs 25 or 0.41 per cent to Rs 6,023 per barrel with a business volume of 14,758 lots.
Globally, West Texas Intermediate crude oil traded 0.49 per cent higher at USD 72.12 per barrel, while Brent crude was trading up 0.66 per cent at USD 77.66 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.