Crude Oil Futures Fall Amid West Asia Tension
x
Crude oil futures decline by Rs 143 to Rs 9,914/barrel on MCX due to weak global trends and offloading of holdings. West Texas Intermediate also fell.
New Delhi, May 5 (PTI) Crude oil price fell by Rs 143 to Rs 9,914 per barrel in the futures trade on Tuesday amid weak global trends.
On the Multi Commodity Exchange, crude oil futures for the May delivery slipped by Rs 143, or 1.42 per cent, to Rs 9,914 per barrel in a business turnover of 18,277 lots.
Analysts said the prices fell after participants offloaded their holdings amid weak demand in the spot market.
Globally, West Texas Intermediate crude oil was trading 1.88 per cent lower at USD 104.42 per barrel, while Brent Crude fell 1.10 per cent to USD 113.18 per barrel in New York.
On the Multi Commodity Exchange, crude oil futures for the May delivery slipped by Rs 143, or 1.42 per cent, to Rs 9,914 per barrel in a business turnover of 18,277 lots.
Analysts said the prices fell after participants offloaded their holdings amid weak demand in the spot market.
Globally, West Texas Intermediate crude oil was trading 1.88 per cent lower at USD 104.42 per barrel, while Brent Crude fell 1.10 per cent to USD 113.18 per barrel in New York.
You May Like To Read
TODAY'S MOST TRADED COMPANIES
- Company Name
- Price
- Volume
- Vodafone-Idea
- 15.08 (+ 1.21)
- 21061164
- Standard-Cap-Mkt
- 0.41 (+ 5.13)
- 20396382
- Sylph-Industries
- 0.29 ( 0.00)
- 11160931
- Spicejet
- 13.29 (+ 7.61)
- 8959870
- Rajnish-Wellness
- 0.47 (+ 6.82)
- 7908046
MORE NEWS
© 2026 Rediff.com India Limited. All rights reserved. Disclaimer - Terms of Service - Privacy Policy - Feedback