Crude Oil Futures Decline on Low Demand - PTI
Crude oil futures on the Multi Commodity Exchange declined by 0.08% to Rs 6,394 per barrel on Tuesday, driven by low demand. Global oil prices, however, showed slight gains.
New Delhi, Jan 30 (PTI) Crude oil futures on Tuesday declined 0.08 per cent to Rs 6,394 per barrel as participants trimmed their positions on low demand.
On the Multi Commodity Exchange, crude oil for February delivery fell Rs 5 or 0.08 per cent to Rs 6,394 per barrel with a business volume of 8,532 lots.
Globally, West Texas Intermediate crude oil traded 0.08 per cent higher at USD 76.84 per barrel, while Brent crude was trading 0.04 per cent up at USD 82.43 per barrel in New York.
On the Multi Commodity Exchange, crude oil for February delivery fell Rs 5 or 0.08 per cent to Rs 6,394 per barrel with a business volume of 8,532 lots.
Globally, West Texas Intermediate crude oil traded 0.08 per cent higher at USD 76.84 per barrel, while Brent crude was trading 0.04 per cent up at USD 82.43 per barrel in New York.
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