Crude Oil Futures Fall on Weak Spot Demand - PTI
Crude oil futures fell on Monday due to weak spot demand, with November contracts trading lower on the Multi Commodity Exchange. Global crude prices also declined.
New Delhi, Oct 14 (PTI) Crude oil futures on Monday decreased Rs 90 to Rs 6,233 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 90 or 1.42 per cent at Rs 6,233 per barrel in 2,397 lots.
Globally, West Texas Intermediate crude was trading 1.35 per cent lower at USD 74.54 per barrel, while Brent crude was trading 1.33 per cent down at USD 77.99 per barrel in New York.
On the Multi Commodity Exchange, crude oil for November delivery traded lower by Rs 90 or 1.42 per cent at Rs 6,233 per barrel in 2,397 lots.
Globally, West Texas Intermediate crude was trading 1.35 per cent lower at USD 74.54 per barrel, while Brent crude was trading 1.33 per cent down at USD 77.99 per barrel in New York.
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