Crude Oil Futures Decline on Low Demand - PTI
By Rediff Money Desk, NEWDELHI Feb 06, 2024 14:24
Crude oil futures fell 0.18% on the Multi Commodity Exchange due to low demand, while global benchmarks showed mixed trends. Read more.
![Crude Oil Futures Decline on Low Demand - PTI](https://im.rediff.com/money/2016/jan/15oil.jpg)
New Delhi, Feb 6 (PTI) Crude oil futures on Tuesday declined 0.18 per cent to Rs 6,070 per barrel as participants trimmed their positions on low demand.
On the Multi Commodity Exchange, crude oil for February delivery fell Rs 11 or 0.18 per cent to Rs 6,070 per barrel with a business volume of 12,914 lots.
Globally, West Texas Intermediate crude oil traded 0.44 per cent higher at USD 73.10 per barrel, while Brent crude was trading 0.46 per cent down at USD 78.35 per barrel in New York.
On the Multi Commodity Exchange, crude oil for February delivery fell Rs 11 or 0.18 per cent to Rs 6,070 per barrel with a business volume of 12,914 lots.
Globally, West Texas Intermediate crude oil traded 0.44 per cent higher at USD 73.10 per barrel, while Brent crude was trading 0.46 per cent down at USD 78.35 per barrel in New York.
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