Crude Oil Futures Fall on Weak Demand
By Rediff Money Desk, New Delhi Dec 13, 2024 12:55
Crude oil futures declined in India due to weak demand, while global prices showed mixed signals. Read more about the latest oil market trends.
New Delhi, Dec 13 (PTI) Crude oil futures on Friday fell Rs 30 to Rs 5,948 per barrel in futures trade as participants trimmed their positions on low demand.
On the Multi Commodity Exchange, crude oil for December delivery traded lower by Rs 30 or 0.5 per cent at Rs 5,948 per barrel in 6,338 lots.
Globally, West Texas Intermediate crude was trading 0.11 per cent higher at USD 70.10 per barrel while Brent crude was trading 0.05 per cent lower at USD 73.45 lower per barrel in New York.
On the Multi Commodity Exchange, crude oil for December delivery traded lower by Rs 30 or 0.5 per cent at Rs 5,948 per barrel in 6,338 lots.
Globally, West Texas Intermediate crude was trading 0.11 per cent higher at USD 70.10 per barrel while Brent crude was trading 0.05 per cent lower at USD 73.45 lower per barrel in New York.
Source: PTI
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