Crude Oil Futures Decline on Low Demand - PTI
Feb 16, 2024 14:16
Crude oil futures declined 0.37% to Rs 6,434 per barrel on Friday due to low demand, while global prices also saw a dip. Read more.
New Delhi, Feb 16 (PTI) Crude oil futures on Friday declined 0.37 per cent to Rs 6,434 per barrel as participants trimmed their positions on low demand.
On the Multi Commodity Exchange, crude oil for March delivery fell Rs 24 or 0.37 per cent to Rs 6,434 per barrel with a business volume of 5,223 lots.
Globally, West Texas Intermediate crude oil traded 0.03 per cent lower at USD 78.93 per barrel, while Brent crude was trading 0.31 per cent lower at USD 82.60 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.