Crude Oil Futures Fall on Low Demand - PTI
Crude oil futures declined on Thursday due to weak spot demand. MCX crude oil futures for November delivery fell by Rs 30, while global benchmarks WTI and Brent traded mixed.
New Delhi, Nov 7 (PTI) Crude oil futures on Thursday decreased Rs 30 to Rs 6,043 per barrel in futures trade as participants trimmed their positions on low demand.
On the Multi Commodity Exchange, crude oil for November delivery traded lower by Rs 30 or 0.49 per cent at Rs 6,045 per barrel in 13,747 lots.
Globally, West Texas Intermediate crude was trading 0.03 per cent lower at USD 71.67 per barrel, while Brent crude was trading 0.11 per cent up at USD 75 per barrel in New York.
On the Multi Commodity Exchange, crude oil for November delivery traded lower by Rs 30 or 0.49 per cent at Rs 6,045 per barrel in 13,747 lots.
Globally, West Texas Intermediate crude was trading 0.03 per cent lower at USD 71.67 per barrel, while Brent crude was trading 0.11 per cent up at USD 75 per barrel in New York.
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