Crude Oil Futures Decline on Low Demand - PTI
By Rediff Money Desk, New Delhi Jul 09, 2024 13:29
Crude oil futures fell 0.33% on Tuesday to Rs 6,855 per barrel due to weak demand. Global benchmarks, WTI and Brent crude, also saw declines.
![Crude Oil Futures Decline on Low Demand - PTI](https://im.rediff.com/money/2016/dec/05crude.jpg)
New Delhi, Jul 9 (PTI) Crude oil futures on Tuesday declined 0.33 per cent to Rs 6,855 per barrel as participants trimmed their positions on low demand.
On the Multi Commodity Exchange, crude oil for July delivery fell Rs 23 or 0.33 per cent to Rs 6,855 per barrel with a business volume of 5,255 lots.
Globally, West Texas Intermediate crude oil traded 0.22 per cent lower at USD 82.15 per barrel, while Brent crude was trading 0.16 per cent down at USD 85.61 per barrel in New York.
On the Multi Commodity Exchange, crude oil for July delivery fell Rs 23 or 0.33 per cent to Rs 6,855 per barrel with a business volume of 5,255 lots.
Globally, West Texas Intermediate crude oil traded 0.22 per cent lower at USD 82.15 per barrel, while Brent crude was trading 0.16 per cent down at USD 85.61 per barrel in New York.
Source: PTI
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