Crude Oil Futures Decline on Low Demand

Oct 08, 2024 14:32

Crude oil futures fell 1.56% to Rs 6,374 per barrel on Tuesday, driven by weak demand. Global benchmarks WTI and Brent also declined.

New Delhi, Oct 8 (PTI) Crude oil futures on Tuesday declined 1.56 per cent to Rs 6,374 per barrel as participants trimmed their positions on low demand.

On the Multi Commodity Exchange, crude oil for October delivery fell Rs 101 or 1.56 per cent to Rs 6,374 per barrel with a business volume of 14,494 lots.

Globally, West Texas Intermediate crude was trading 1.69 per cent lower at USD 75.84 per barrel, while Brent crude was trading 1.56 per cent down at USD 79.67 per barrel in New York.

Source: PTI

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Crude Oil Futures Decline on Low Demand

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