Crude Oil Futures Decline on Low Demand - PTI
Crude oil futures declined on Tuesday due to weak demand, falling to Rs 6,808 per barrel on the Multi Commodity Exchange. Global crude prices also saw slight dips.
New Delhi, Jun 25 (PTI) Crude oil futures on Tuesday declined 0.21 per cent to Rs 6,808 per barrel as participants trimmed their positions on low demand.
On the Multi Commodity Exchange, crude oil for July delivery fell Rs 14 or 0.21 per cent to Rs 6,808 per barrel with a business volume of 4,822 lots.
Globally, West Texas Intermediate crude oil traded 0.06 per cent lower at USD 81.58 per barrel, while Brent crude was trading 0.07 per cent down at USD 85.95 per barrel in New York.
On the Multi Commodity Exchange, crude oil for July delivery fell Rs 14 or 0.21 per cent to Rs 6,808 per barrel with a business volume of 4,822 lots.
Globally, West Texas Intermediate crude oil traded 0.06 per cent lower at USD 81.58 per barrel, while Brent crude was trading 0.07 per cent down at USD 85.95 per barrel in New York.
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