Crude Oil Futures Decline on Low Demand - PTI
Crude oil futures on the Multi Commodity Exchange fell 1.02% to Rs 6,127 per barrel on Tuesday, driven by low demand. Global crude oil prices also declined.
New Delhi, Aug 20 (PTI) Crude oil futures on Tuesday declined 1.02 per cent to Rs 6,127 per barrel as participants trimmed their positions on low demand.
On the Multi Commodity Exchange, crude oil for September delivery fell Rs 63 or 1.02 per cent to Rs 6,127 per barrel with a business volume of 7,903 lots.
Globally, West Texas Intermediate crude oil traded 0.66 per cent lower at USD 73.88 per barrel, while Brent crude was trading 0.89 per cent down at USD 76.97 per barrel in New York.
On the Multi Commodity Exchange, crude oil for September delivery fell Rs 63 or 1.02 per cent to Rs 6,127 per barrel with a business volume of 7,903 lots.
Globally, West Texas Intermediate crude oil traded 0.66 per cent lower at USD 73.88 per barrel, while Brent crude was trading 0.89 per cent down at USD 76.97 per barrel in New York.
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