Crude Oil Futures Decline on Low Demand - PTI
Jan 01, 2024 14:27
Crude oil futures declined on Monday due to low demand. West Texas Intermediate and Brent crude also saw losses in global markets.
New Delhi, Jan 1 (PTI) Crude oil futures on Monday declined 0.17 per cent to Rs 5,997 per barrel as participants trimmed their positions on low demand.
On the Multi Commodity Exchange, crude oil for January delivery fell Rs 10 or 0.17 per cent to Rs 5,997 per barrel with a business volume of 14,868 lots.
Globally, West Texas Intermediate crude oil traded 0.17 per cent lower at USD 71.65 per barrel, while Brent crude was trading down 0.14 per cent at USD 77.04 per barrel in New York.
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