Crude Oil Futures Fall on Weak Spot Demand - PTI
Crude oil futures fell on Monday due to weak spot demand, with prices declining on the Multi Commodity Exchange. Read more about the global crude oil market.
New Delhi, Jan 6 (PTI) Crude oil futures on Monday fell Rs 43 to Rs 6,330 per barrel in futures trade as participants trimmed their positions on low demand.
On the Multi Commodity Exchange, crude oil for January delivery traded lower by Rs 43 or 0.67 per cent at Rs 6,330 per barrel in 14,058 lots.
Globally, West Texas Intermediate crude was trading 0.39 per cent lower at USD 73.67 per barrel while Brent crude was trading 0.41 per cent lower at USD 76.20 lower per barrel in New York.
On the Multi Commodity Exchange, crude oil for January delivery traded lower by Rs 43 or 0.67 per cent at Rs 6,330 per barrel in 14,058 lots.
Globally, West Texas Intermediate crude was trading 0.39 per cent lower at USD 73.67 per barrel while Brent crude was trading 0.41 per cent lower at USD 76.20 lower per barrel in New York.
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