Crude Oil Futures Decline on Low Demand - PTI
Crude oil futures fell on Tuesday due to low demand. On the Multi Commodity Exchange, crude oil for May delivery declined by 0.05 percent to Rs 6,576 per barrel.
New Delhi, May 21 (PTI) Crude oil futures on Tuesday marginally declined 0.05 per cent to Rs 6,576 per barrel as participants trimmed their positions on low demand.
On the Multi Commodity Exchange, crude oil for May delivery marginally fell Rs 3 or 0.05 per cent to Rs 6,576 per barrel with a business volume of 5,415 lots.
Globally, West Texas Intermediate crude oil traded 1.09 per cent lower at USD 78.93 per barrel, while Brent crude was trading 0.97 per cent lower at USD 82.90 per barrel in New York.
On the Multi Commodity Exchange, crude oil for May delivery marginally fell Rs 3 or 0.05 per cent to Rs 6,576 per barrel with a business volume of 5,415 lots.
Globally, West Texas Intermediate crude oil traded 1.09 per cent lower at USD 78.93 per barrel, while Brent crude was trading 0.97 per cent lower at USD 82.90 per barrel in New York.
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