Crude Oil Futures Decline on Low Demand - PTI
Feb 27, 2024 14:46
Crude oil futures declined on Tuesday due to low demand. West Texas Intermediate and Brent crude traded higher in New York.
New Delhi, Feb 27 (PTI) Crude oil futures on Tuesday declined Rs 0.36 per cent to Rs 6,443 per barrel as participants trimmed their positions on low demand.
On the Multi Commodity Exchange, crude oil for March delivery fell Rs 23 or 0.36 per cent to Rs 6,443 per barrel with a business volume of 5,610 lots.
Globally, West Texas Intermediate crude oil traded 0.22 per cent higher at USD 77.75 per barrel, while Brent crude was trading 0.21 per cent higher at USD 82.70 per barrel in New York.
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