Crude Oil Futures Decline on Low Demand - PTI
Apr 19, 2024 14:25
Crude oil futures declined on Friday due to low demand and Iran's attack on Israel. WTI crude oil traded higher, while Brent crude was lower in New York.
New Delhi, Apr 19 (PTI) Crude oil futures on Friday declined 0.26 per cent to Rs 6,878 per barrel as participants trimmed their positions after Iran's attack on Israel.
On the Multi Commodity Exchange, crude oil for May delivery fell Rs 18 or 0.26 per cent to Rs 6,878 per barrel with a business volume of 3,688 lots.
Globally, West Texas Intermediate crude oil traded 0.19 per cent higher at USD 82.89 per barrel, while Brent crude was trading 0.11 per cent lower at USD 87.21 per barrel in New York.
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