Crude Oil Futures Decline on Low Demand
By Rediff Money Desk, NEWDELHI Apr 18, 2024 14:22
Crude oil futures fell 0.81% to Rs 6,878 per barrel on Thursday due to low demand. Global oil prices also declined, with WTI trading at USD 82.22 per barrel and Brent at USD 86.82 per barrel.
![Crude Oil Futures Decline on Low Demand](https://im.rediff.com/money/2021/sep/22crude.jpg)
New Delhi, Apr 18 (PTI) Crude oil futures on Thursday declined 0.81 per cent to Rs 6,878 per barrel as participants trimmed their positions on low demand.
On the Multi Commodity Exchange, crude oil for April delivery fell Rs 56 or 0.81 per cent to Rs 6,878 per barrel with a business volume of 2,558 lots.
Globally, West Texas Intermediate crude oil traded 0.68 per cent lower at USD 82.22 per barrel, while Brent crude was trading 0.54 per cent lower at USD 86.82 per barrel in New York.
On the Multi Commodity Exchange, crude oil for April delivery fell Rs 56 or 0.81 per cent to Rs 6,878 per barrel with a business volume of 2,558 lots.
Globally, West Texas Intermediate crude oil traded 0.68 per cent lower at USD 82.22 per barrel, while Brent crude was trading 0.54 per cent lower at USD 86.82 per barrel in New York.
Read More On:
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.
You May Like To Read
TODAY'S MOST TRADED COMPANIES
- Company Name
- Price
- Volume
- GTL Infrastructure
- 2.93 ( -4.87)
- 226206286
- IFL Enterprises
- 1.30 (+ 4.84)
- 81461564
- Vodafone Idea L
- 16.79 (+ 0.66)
- 67447398
- NCL Research
- 0.95 ( -4.04)
- 31996628
- Franklin Industries
- 3.73 (+ 3.32)
- 21511209
MORE NEWS
![Navi Mumbai...](https://im.rediff.com/80-80/money/2021/jun/10navi-mumbai-airport7.jpg)
Navi Mumbai Airport ILS Signal Testing Begins
The Airports Authority of India (AAI) has begun ILS signal testing at the...
![Air India VRS for...](https://im.rediff.com/80-80/money/2020/sep/09tata-vistara-3.jpg)
Air India VRS for Non-Flying Staff Ahead of...
Air India has announced a voluntary retirement scheme (VRS) and voluntary separation...
Fisher Groups Oppose WTO Fisheries Subsidy Talks
Small-scale fisher groups from India, Indonesia, and Bangladesh demand WTO keep...