Crude Oil Futures Decline on Low Demand - PTI
Feb 26, 2024 13:42
Crude oil futures declined on Monday due to low demand, falling 0.58% to Rs 6,316 per barrel on the Multi Commodity Exchange. Global oil prices also saw declines.
New Delhi, Feb 26 (PTI) Crude oil futures on Monday declined 0.58 per cent to Rs 6,316 per barrel as participants trimmed their positions on low demand.
On the Multi Commodity Exchange, crude oil for March delivery fell Rs 37 or 0.58 per cent to Rs 6,316 per barrel with a business volume of 7,125 lots.
Globally, West Texas Intermediate crude oil traded 0.41 per cent lower at USD 76.18 per barrel, while Brent crude was trading 0.50 per cent lower at USD 81.21 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.