Crude Oil Futures Decline on Low Demand - PTI
Crude oil futures fell 0.32% on Monday to Rs 6,461 per barrel on the Multi Commodity Exchange due to low demand. Globally, WTI crude traded 0.67% lower at USD 78.66 per barrel and Brent crude was down 0.90% at USD 82.72 per barrel.
New Delhi, Feb 19 (PTI) Crude oil futures on Monday declined 0.32 per cent to Rs 6,461 per barrel as participants trimmed their positions on low demand.
On the Multi Commodity Exchange, crude oil for March delivery fell Rs 21 or 0.32 per cent to Rs 6,461 per barrel with a business volume of 5,101 lots.
Globally, West Texas Intermediate crude oil traded 0.67 per cent lower at USD 78.66 per barrel, while Brent crude was trading 0.90 per cent lower at USD 82.72 per barrel in New York.
On the Multi Commodity Exchange, crude oil for March delivery fell Rs 21 or 0.32 per cent to Rs 6,461 per barrel with a business volume of 5,101 lots.
Globally, West Texas Intermediate crude oil traded 0.67 per cent lower at USD 78.66 per barrel, while Brent crude was trading 0.90 per cent lower at USD 82.72 per barrel in New York.
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