Crude Oil Futures Decline on Low Demand - PTI
By Rediff Money Desk, New Delhi Jun 03, 2024 14:04
Crude oil futures declined 0.45% on Monday to Rs 6,424 per barrel due to low demand, according to PTI. Learn more about the impact on the market.
![Crude Oil Futures Decline on Low Demand - PTI](https://im.rediff.com/money/2021/sep/22crude.jpg)
New Delhi, Jun 3 (PTI) Crude oil futures on Monday declined 0.45 per cent to Rs 6,424 per barrel as participants trimmed their positions on low demand.
On the Multi Commodity Exchange, crude oil for June delivery fell Rs 29 or 0.45 per cent to Rs 6,424 per barrel with a business volume of 7,807 lots.
Globally, West Texas Intermediate crude oil traded 0.05 per cent higher at USD 77.03 per barrel, while Brent crude was trading 0.06 per cent lower at USD 81.16 per barrel in New York.
On the Multi Commodity Exchange, crude oil for June delivery fell Rs 29 or 0.45 per cent to Rs 6,424 per barrel with a business volume of 7,807 lots.
Globally, West Texas Intermediate crude oil traded 0.05 per cent higher at USD 77.03 per barrel, while Brent crude was trading 0.06 per cent lower at USD 81.16 per barrel in New York.
Source: PTI
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