Crude Oil Futures Decline on Low Demand
Crude oil futures fell 1.19% to Rs 6,894 per barrel on Monday due to low demand. WTI crude traded 0.61% lower at USD 82.65 per barrel, while Brent crude was down 0.44% at USD 86.16.
New Delhi, Jul 8 (PTI) Crude oil futures on Monday declined 1.19 per cent to Rs 6,894 per barrel as participants trimmed their positions on low demand.
On the Multi Commodity Exchange, crude oil for July delivery fell Rs 83 or 1.19 per cent to Rs 6,894 per barrel with a business volume of 5,672 lots.
Globally, West Texas Intermediate crude oil traded 0.61 per cent lower at USD 82.65 per barrel, while Brent crude was trading 0.44 per cent down at USD 86.16 per barrel in New York.
On the Multi Commodity Exchange, crude oil for July delivery fell Rs 83 or 1.19 per cent to Rs 6,894 per barrel with a business volume of 5,672 lots.
Globally, West Texas Intermediate crude oil traded 0.61 per cent lower at USD 82.65 per barrel, while Brent crude was trading 0.44 per cent down at USD 86.16 per barrel in New York.
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