Crude oil futures declined on Wednesday due to low demand, falling 0.23% to Rs 6,140 per barrel on the Multi Commodity Exchange. Global oil prices also saw a dip.
New Delhi, Aug 21 (PTI) Crude oil futures on Wednesday declined 0.23 per cent to Rs 6,140 per barrel as participants trimmed their positions on low demand.
On the Multi Commodity Exchange, crude oil for September delivery fell Rs 14 or 0.23 per cent to Rs 6,140 per barrel with a business volume of 8,731 lots.
Globally, West Texas Intermediate crude oil traded 0.44 per cent lower at USD 74.04 per barrel, while Brent crude was trading 0.09 per cent down at USD 77.13 per barrel in New York.
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