Crude Oil Futures Decline on Low Demand - PTI
By Rediff Money Desk, New Delhi Jul 25, 2024 12:59
Crude oil futures declined 1% on Thursday to Rs 6,456 per barrel on MCX due to low demand. Global crude oil prices were mixed. Read more.
![Crude Oil Futures Decline on Low Demand - PTI](https://im.rediff.com/money/2016/jan/15oil.jpg)
New Delhi, Jul 25 (PTI) Crude oil futures on Thursday declined 1 per cent to Rs 6,456 per barrel as participants trimmed their positions on low demand.
On the Multi Commodity Exchange, crude oil for August delivery fell Rs 65 or 1 per cent to Rs 6,456 per barrel with a business volume of 8,437 lots.
Globally, West Texas Intermediate crude oil traded 0.75 per cent higher at USD 77.01 per barrel, while Brent crude was trading 0.70 per cent up at USD 81.14 per barrel in New York.
On the Multi Commodity Exchange, crude oil for August delivery fell Rs 65 or 1 per cent to Rs 6,456 per barrel with a business volume of 8,437 lots.
Globally, West Texas Intermediate crude oil traded 0.75 per cent higher at USD 77.01 per barrel, while Brent crude was trading 0.70 per cent up at USD 81.14 per barrel in New York.
Source: PTI
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