Crude Oil Futures Decline on Low Demand - PTI
By Rediff Money Desk, NEWDELHI Nov 29, 2023 13:56
Crude oil futures fell 0.37% to Rs 6,389 per barrel on Wednesday due to weak demand, while global oil prices saw a slight increase. #crudeoil #futures #commodities
![Crude Oil Futures Decline on Low Demand - PTI](https://im.rediff.com/money/2021/sep/22crude.jpg)
New Delhi, Nov 29 (PTI) Crude oil futures on Wednesday declined 0.37 per cent to Rs 6,389 per barrel as participants trimmed their positions on low demand.
On the Multi Commodity Exchange, crude oil for December delivery fell Rs 24 or 0.37 per cent to Rs 6,389 per barrel with a business volume of 11,650 lots.
Globally, West Texas Intermediate crude oil went higher by 0.13 per cent at USD 76.51 per barrel, while Brent crude was trading 0.09 per cent up at USD 81.75 per barrel in New York.
On the Multi Commodity Exchange, crude oil for December delivery fell Rs 24 or 0.37 per cent to Rs 6,389 per barrel with a business volume of 11,650 lots.
Globally, West Texas Intermediate crude oil went higher by 0.13 per cent at USD 76.51 per barrel, while Brent crude was trading 0.09 per cent up at USD 81.75 per barrel in New York.
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