Crude Oil Futures Fall on Weak Demand

Nov 08, 2024 12:18

Crude oil futures declined on the Multi Commodity Exchange due to weak demand. WTI and Brent crude also traded lower globally. Learn more.

New Delhi, Nov 8 (PTI) Crude oil futures on Friday decreased Rs 60 to Rs 6,069 per barrel in futures trade as participants trimmed their positions on low demand.

On the Multi Commodity Exchange, crude oil for November delivery traded lower by Rs 60 or 0.98 per cent at Rs 6,069 per barrel in 12,949 lots.

Globally, West Texas Intermediate crude was trading 0.65 per cent lower at USD 71.89 per barrel, while Brent crude was trading 0.54 per cent down at USD 75.22 per barrel in New York.

Source: PTI

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Crude Oil Futures Fall on Weak Demand

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