Crude Oil Futures Decline on Low Demand - PTI

By By Rediff Money Desk, NEWDELHI
Jan 31, 2024 14:19
Crude oil futures on Wednesday declined 0.45% to Rs 6,449 per barrel on the Multi Commodity Exchange due to low demand. Global crude prices also fell.
New Delhi, Jan 31 (PTI) Crude oil futures on Wednesday declined 0.45 per cent to Rs 6,449 per barrel as participants trimmed their positions on low demand.

On the Multi Commodity Exchange, crude oil for February delivery fell Rs 29 or 0.45 per cent to Rs 6,449 per barrel with a business volume of 8,424 lots.

Globally, West Texas Intermediate crude oil traded 0.27 per cent lower at USD 77.61 per barrel, while Brent crude was trading 0.27 per cent down at USD 82.65 per barrel in New York.
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