Crude oil futures declined on Wednesday due to low demand. On the Multi Commodity Exchange, crude oil for March delivery fell Rs 73 or 1.14 per cent to Rs 6,357 per barrel.
New Delhi, Feb 21 (PTI) Crude oil futures on Wednesday declined 1.14 per cent to Rs 6,357 per barrel as participants trimmed their positions on low demand.
On the Multi Commodity Exchange, crude oil for March delivery fell Rs 73 or 1.14 per cent to Rs 6,357 per barrel with a business volume of 5,509 lots.
Globally, West Texas Intermediate crude oil traded 1.28 per cent lower at USD 78.18 per barrel, while Brent crude was trading 0.44 per cent lower at USD 81.98 per barrel in New York.
DISCLAIMER - This article is from a syndicated feed. The original source is responsible for accuracy, views & content ownership. Views expressed may not reflect those of rediff.com India Limited.
© 2024 Rediff.com India Limited. All rights reserved. Disclaimer - Terms of Service - Privacy Policy - Feedback