Crude oil futures declined on Monday due to low demand. The Multi Commodity Exchange saw a drop of 2.56% in prices, while global markets saw mixed results.
New Delhi, Dec 4 (PTI) Crude oil futures on Monday declined 2.56 per cent to Rs 6,120 per barrel as participants trimmed their positions on low demand.
On the Multi Commodity Exchange, crude oil for December delivery fell Rs 161 or 2.56 per cent to Rs 6,120 per barrel with a business volume of 13,030 lots.
Globally, West Texas Intermediate crude oil went lower by 1.19 per cent at USD 73.19 per barrel, while Brent crude was trading up 1.19 per cent at USD 77.19 per barrel in New York.
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