Crude Oil Futures Decline on Low Demand - PTI
Crude oil futures fell 0.4% on Wednesday to Rs 6,464 per barrel on the Multi Commodity Exchange, driven by weak demand. Learn more about the latest oil market trends.
New Delhi, Feb 14 (PTI) Crude oil futures on Wednesday declined 0.4 per cent to Rs 6,464 per barrel as participants trimmed their positions on low demand.
On the Multi Commodity Exchange, crude oil for February delivery fell Rs 26 or 0.4 per cent to Rs 6,464 per barrel with a business volume of 6,768 lots.
Globally, West Texas Intermediate crude oil traded 0.04 per cent lower at USD 77.84 per barrel, while Brent crude was trading 0.04 per cent higher at USD 82.80 per barrel in New York.
On the Multi Commodity Exchange, crude oil for February delivery fell Rs 26 or 0.4 per cent to Rs 6,464 per barrel with a business volume of 6,768 lots.
Globally, West Texas Intermediate crude oil traded 0.04 per cent lower at USD 77.84 per barrel, while Brent crude was trading 0.04 per cent higher at USD 82.80 per barrel in New York.
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