Crude Oil Futures Decline on Low Demand
Crude oil futures fell 1.03% on Wednesday to Rs 5,841 per barrel due to low demand. WTI and Brent crude also declined in New York.
New Delhi, Sep 18 (PTI) Crude oil futures on Wednesday declined 1.03 per cent to Rs 5,841 per barrel as participants trimmed their positions on low demand.
On the Multi Commodity Exchange, crude oil for October delivery fell Rs 61 or 1.03 per cent to Rs 5,841 per barrel with a business volume of 13,154 lots.
Globally, West Texas Intermediate crude was trading 0.70 per cent down at USD 70.69 per barrel, while Brent crude was trading 0.60 per cent down at USD 73.26 per barrel in New York.
On the Multi Commodity Exchange, crude oil for October delivery fell Rs 61 or 1.03 per cent to Rs 5,841 per barrel with a business volume of 13,154 lots.
Globally, West Texas Intermediate crude was trading 0.70 per cent down at USD 70.69 per barrel, while Brent crude was trading 0.60 per cent down at USD 73.26 per barrel in New York.
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