Crude Oil Futures Decline on Low Demand - PTI
Crude oil futures fell 0.17% to Rs 7,012 per barrel on the Multi Commodity Exchange on Friday, driven by low demand. Global oil prices saw mixed trends.
New Delhi, Jul 5 (PTI) Crude oil futures on Friday declined 0.17 per cent to Rs 7,012 per barrel as participants trimmed their positions on low demand.
On the Multi Commodity Exchange, crude oil for July delivery fell Rs 12 or 0.17 per cent to Rs 7,012 per barrel with a business volume of 6,895 lots.
Globally, West Texas Intermediate crude oil traded 0.02 per cent higher at USD 83.90 per barrel, while Brent crude was trading 0.08 per cent down at USD 87.36 per barrel in New York.
On the Multi Commodity Exchange, crude oil for July delivery fell Rs 12 or 0.17 per cent to Rs 7,012 per barrel with a business volume of 6,895 lots.
Globally, West Texas Intermediate crude oil traded 0.02 per cent higher at USD 83.90 per barrel, while Brent crude was trading 0.08 per cent down at USD 87.36 per barrel in New York.
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