Crude Oil Futures Fall on Weak Spot Demand

Sep 29, 2025 11:14

Crude oil futures declined due to weak spot demand. October delivery fell on MCX. WTI and Brent Crude also saw declines.

New Delhi, Sep 29 (PTI) Crude oil futures on Monday declined Rs 26 to Rs 5,807 per barrel, as participants trimmed their positions amid weak demand in the spot market.

On the Multi-Commodity Exchange, crude oil for October delivery fell Rs 26 or 0.45 per cent to Rs 5,807 per barrel in 10,883 lots.

Analysts said the prices were affected after participants offloaded their holdings amid weak demand in the spot market.

Globally, however, West Texas Intermediate crude oil was trading 0.41 per cent lower at USD 65.31 per barrel, while Brent Crude fell 0.46 per cent to USD 69.81 per barrel in New York.

Source: PTI

MORE NEWS

TCS Retrenchment: 376 Employees Laid Off in Pune

Maharashtra minister reveals TCS laid off 376 employees in Pune over two quarters....

Ratnaveer Raises Rs 185.5 Cr for Expansion

Ratnaveer Precision Engineering raises Rs 185.50 crore via QIP to fund European...

Unisem Agritech IPO: Raises Rs 6 Cr From Anchor...

Unisem Agritech raises over Rs 6 crore from anchor investors ahead of its IPO. IPO...

BlackRock Invests in Aditya Birla Renewables

BlackRock commits up to Rs 3,000 cr in Aditya Birla Group's renewables arm, valuing it...

Fibe Raises $35M from IFC

Fibe secures USD 35 million from IFC to boost affordable credit access for underserved...

Capital Markets to Overtake Bank Credit: Kotak AMC

Kotak Mahindra AMC chief Nilesh Shah predicts capital markets will surpass bank credit....

Nephrocare Health Services IPO: Rs 260 Cr from...

Nephrocare Health Services (NephroPlus) garners Rs 260 cr from anchor investors ahead...

Park Medi IPO: Rs 276 Cr from Anchor Investors

Park Medi World raises Rs 276 cr from anchor investors ahead of its Rs 920 cr IPO. IPO...

India Aims for 6G Patent Leadership: Scindia

India is confidently progressing to become a major force in global 6G patents and...

Tehri PSP Unit Commences Commercial Power Supply

Manohar Lal starts commercial power supply from Tehri pumped storage plant's 250 MW...