Crude Oil Futures Fall on Weak Spot Demand

New Delhi, Nov 11 (PTI) Crude oil futures on Monday decreased Rs 8 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 November delivery traded lower by Rs 8 or 0.13 per cent at Rs 5,948 per barrel in 12,023 lots.

Globally, West Texas Intermediate crude was trading 0.14 per cent lower at USD 70.28 per barrel, while Brent crude was trading flat at USD 73.87 per barrel in New York.