Crude Oil Futures Decline on Low Demand - PTI
By Rediff Money Desk, NEWDELHI Jan 23, 2024 15:04
Crude oil futures declined on Tuesday due to low demand, with February delivery falling to Rs 6,232 per barrel on the Multi Commodity Exchange. Global prices also saw a dip.
![Crude Oil Futures Decline on Low Demand - PTI](https://im.rediff.com/money/2016/dec/05crude.jpg)
New Delhi, Jan 23 (PTI) Crude oil futures on Tuesday declined 0.53 per cent to Rs 6,232 per barrel as participants trimmed their positions on low demand.
On the Multi Commodity Exchange, crude oil for February delivery fell Rs 33 or 0.53 per cent to Rs 6,232 per barrel with a business volume of 11,564 lots.
Globally, West Texas Intermediate crude oil traded 2.42 per cent lower at USD 75.19 per barrel, while Brent crude was trading 0.04 per cent down at USD 80.09 per barrel in New York.
On the Multi Commodity Exchange, crude oil for February delivery fell Rs 33 or 0.53 per cent to Rs 6,232 per barrel with a business volume of 11,564 lots.
Globally, West Texas Intermediate crude oil traded 2.42 per cent lower at USD 75.19 per barrel, while Brent crude was trading 0.04 per cent down at USD 80.09 per barrel in New York.
Read More On:
DISCLAIMER - This article is from a syndicated feed. The original source is responsible for accuracy, views & content ownership. Views expressed may not reflect those of rediff.com India Limited.
You May Like To Read
TODAY'S MOST TRADED COMPANIES
- Company Name
- Price
- Volume
- GTL Infrastructure
- 2.93 ( -4.87)
- 226206286
- IFL Enterprises
- 1.30 (+ 4.84)
- 81461564
- Vodafone Idea L
- 16.79 (+ 0.66)
- 67447398
- NCL Research
- 0.95 ( -4.04)
- 31996628
- Franklin Industries
- 3.73 (+ 3.32)
- 21511209
MORE NEWS
![Navi Mumbai...](https://im.rediff.com/80-80/money/2021/jun/10navi-mumbai-airport7.jpg)
Navi Mumbai Airport ILS Signal Testing Begins
The Airports Authority of India (AAI) has begun ILS signal testing at the...
![Air India VRS for...](https://im.rediff.com/80-80/money/2020/sep/09tata-vistara-3.jpg)
Air India VRS for Non-Flying Staff Ahead of...
Air India has announced a voluntary retirement scheme (VRS) and voluntary separation...
Fisher Groups Oppose WTO Fisheries Subsidy Talks
Small-scale fisher groups from India, Indonesia, and Bangladesh demand WTO keep...