Crude Oil Futures Decline on Low Demand - PTI
By Rediff Money Desk, NEWDELHI Nov 08, 2023 14:52
Crude oil futures declined 0.63% on Wednesday to Rs 6,466 per barrel due to low demand. West Texas Intermediate remained flat while Brent crude rose 0.27%.
![Crude Oil Futures Decline on Low Demand - PTI](https://im.rediff.com/money/2016/jan/15oil.jpg)
New Delhi, Nov 8 (PTI) Crude oil futures on Wednesday declined 0.63 per cent to Rs 6,466 per barrel as participants trimmed their positions on low demand.
On the Multi Commodity Exchange, crude oil for November delivery fell Rs 41 or 0.63 per cent to Rs 6,466 per barrel with a business volume of 11,826 lots.
Globally, West Texas Intermediate crude oil remained flat at USD 77.37 per barrel, while Brent crude was trading up 0.27 per cent to USD 81.83 per barrel in New York.
On the Multi Commodity Exchange, crude oil for November delivery fell Rs 41 or 0.63 per cent to Rs 6,466 per barrel with a business volume of 11,826 lots.
Globally, West Texas Intermediate crude oil remained flat at USD 77.37 per barrel, while Brent crude was trading up 0.27 per cent to USD 81.83 per barrel in New York.
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