Crude Oil Futures Decline on Low Demand - PTI
Crude oil futures declined on Tuesday due to weak demand, with prices falling to Rs 6,333 per barrel on the Multi Commodity Exchange. Global benchmarks also saw losses.
New Delhi, Jul 30 (PTI) Crude oil futures on Tuesday declined 0.28 per cent to Rs 6,333 per barrel as participants trimmed their positions on low demand.
On the Multi Commodity Exchange, crude oil for August delivery fell Rs 18 or 0.28 per cent to Rs 6,333 per barrel with a business volume of 8,159 lots.
Globally, West Texas Intermediate crude oil traded 0.53 per cent lower at USD 75.41 per barrel, while Brent crude was trading 0.48 per cent down at USD 79.36 per barrel in New York.
On the Multi Commodity Exchange, crude oil for August delivery fell Rs 18 or 0.28 per cent to Rs 6,333 per barrel with a business volume of 8,159 lots.
Globally, West Texas Intermediate crude oil traded 0.53 per cent lower at USD 75.41 per barrel, while Brent crude was trading 0.48 per cent down at USD 79.36 per barrel in New York.
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