Crude oil futures on the Multi Commodity Exchange declined 0.5% to Rs 5,739 per barrel on Tuesday, driven by low demand and traders trimming their positions.
New Delhi, Oct 1 (PTI) Crude oil futures on Tuesday declined 0.5 per cent to Rs 5,739 per barrel as participants trimmed their positions on low demand.
On the Multi Commodity Exchange, crude oil for October delivery fell Rs 3 or 0.5 per cent to Rs 5,739 per barrel with a business volume of 17,697 lots.
Globally, West Texas Intermediate crude was trading 0.18 per cent higher at USD 68.29 per barrel, while Brent crude was trading 0.17 per cent up at USD 71.82 per barrel in New York.
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