rediff.com

Crude Oil Futures Decline on Low Demand - PTI

Share on:

By Rediff Money Desk, New Delhi   Aug 20, 2024 13:18

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.
Crude Oil Futures Decline on Low Demand - PTI
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.
Source: PTI
DISCLAIMER - This article is from a syndicated feed. The original source is responsible for accuracy, views & content ownership. Views expressed may not reflect those of rediff.com India Limited.

TODAY'S MOST TRADED COMPANIES

  • Company Name
  • Price
  • Volume

More »

Moneywiz Live!