Crude Oil Futures Decline on Low Demand - PTI
Crude oil futures declined on Thursday due to weak demand, with West Texas Intermediate and Brent crude also trading lower. Read more on PTI.
New Delhi, Feb 15 (PTI) Crude oil futures on Thursday declined 0.98 per cent to Rs 6,334 per barrel as participants trimmed their positions on low demand.
On the Multi Commodity Exchange, crude oil for February delivery fell Rs 63 or 0.98 per cent to Rs 6,334 per barrel with a business volume of 2,225 lots.
Globally, West Texas Intermediate crude oil traded 0.44 per cent lower at USD 76.30 per barrel, while Brent crude was trading 0.42 per cent lower at USD 81.26 per barrel in New York.
On the Multi Commodity Exchange, crude oil for February delivery fell Rs 63 or 0.98 per cent to Rs 6,334 per barrel with a business volume of 2,225 lots.
Globally, West Texas Intermediate crude oil traded 0.44 per cent lower at USD 76.30 per barrel, while Brent crude was trading 0.42 per cent lower at USD 81.26 per barrel in New York.
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