Crude Oil Futures Fall on Weak Spot Demand
Sep 17, 2025 12:21
Crude oil futures declined due to weak spot demand. October delivery fell on MCX. WTI and Brent Crude prices also dipped in New York.
New Delhi, Sep 17 (PTI) Crude oil futures on Wednesday fell Rs 37 to Rs 5,644 per barrel, as participants trimmed their positions, tracking weak demand in the spot market.
On the Multi-Commodity Exchange, crude oil for October delivery declined Rs 37, or 0.65 per cent, to Rs 5,644 per barrel in 9,862 lots.
Analysts said the prices were affected after participants offloaded their holdings amid weak demand in the spot market.
Globally, West Texas Intermediate crude oil was trading 0.12 per cent lower at USD 64.44 per barrel, while Brent Crude fell 0.15 per cent to USD 68.37 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.
MORE NEWS
Gold & Silver Futures Drop Ahead of Fed Outcome
Gold and silver futures decline as traders book profits before the Fed policy decision....
AMSL to Invest Rs 1,500 Cr in Telangana Defence...
Apollo Micro Systems Ltd (AMSL) signs MoU with Telangana to invest Rs 1,500 crore in...
Commodities Prices Today
Daily commodities prices in Bengaluru. Check the latest rates for rice, jowar, jaggery,...
Sahaj Insurance Gets IRDAI Licence, Targets 10...
Sahaj Insurance gets IRDAI corporate agency licence, aiming to sell 10 crore insurance...
Welspun One Invests Rs 550 Cr in Pune Logistics...
Welspun One to invest Rs 550 crore in a 1.2 million sq ft Grade-A logistics park in...
HRS Aluglaze IPO Opens Dec 11 | SME IPO
HRS Aluglaze''s Rs 50.9 cr SME IPO opens Dec 11. Price band Rs 94-96. Funds to fuel...
Vingroup Invests USD 3 Billion in Telangana
Vingroup to invest USD 3 billion in Telangana across smart urban development, electric...
ATGC Biotech & Luxembourg Industries JV
ATGC Biotech and Luxembourg Industries form Semiophore Ltd, a joint venture for crop...
AI & Copyright: Blanket License Proposed for AI...
Govt panel suggests blanket AI license for copyrighted works, seeking public input....
Deloitte Launches Tax Pragya AI Platform
Deloitte India launches Tax Pragya, an AI-powered platform for tax professionals....
Read More »