Crude Oil Futures Decline on Low Demand - PTI
Crude oil futures declined 0.07% to Rs 6,946 per barrel on Thursday due to low demand, with WTI and Brent crude also trading lower globally.
New Delhi, Jul 4 (PTI) Crude oil futures on Thursday declined 0.07 per cent to Rs 6,946 per barrel as participants trimmed their positions on low demand.
On the Multi Commodity Exchange, crude oil for July delivery fell Rs 5 or 0.07 per cent to Rs 6,946 per barrel with a business volume of 5,783 lots.
Globally, West Texas Intermediate crude oil traded 0.85 per cent lower at USD 83.17 per barrel, while Brent crude was trading 0.76 per cent down at USD 86.68 per barrel in New York.
On the Multi Commodity Exchange, crude oil for July delivery fell Rs 5 or 0.07 per cent to Rs 6,946 per barrel with a business volume of 5,783 lots.
Globally, West Texas Intermediate crude oil traded 0.85 per cent lower at USD 83.17 per barrel, while Brent crude was trading 0.76 per cent down at USD 86.68 per barrel in New York.
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