Crude Oil Futures Decline on Low Demand - PTI
By Rediff Money Desk, New Delhi Sep 04, 2024 13:23
Crude oil futures declined 1.29% to Rs 5,811 per barrel on Wednesday due to low demand, according to PTI. West Texas Intermediate and Brent crude were trading higher globally.
New Delhi, Sep 4 (PTI) Crude oil futures on Wednesday declined 1.29 per cent to Rs 5,811 per barrel as participants trimmed their positions on low demand.
On the Multi Commodity Exchange, crude oil for October delivery fell Rs 76 or 1.29 per cent to Rs 5,811 per barrel with a business volume of 5,210 lots.
Globally, West Texas Intermediate crude was trading 1.34 per cent up at USD 69.40 per barrel, while Brent crude was trading 1.14 per cent up at USD 72.91 per barrel in New York.
On the Multi Commodity Exchange, crude oil for October delivery fell Rs 76 or 1.29 per cent to Rs 5,811 per barrel with a business volume of 5,210 lots.
Globally, West Texas Intermediate crude was trading 1.34 per cent up at USD 69.40 per barrel, while Brent crude was trading 1.14 per cent up at USD 72.91 per barrel in New York.
Source: PTI
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