Crude Oil Futures Fall to Rs 5,662/Barrel
x
Crude oil futures decline to Rs 5,662 per barrel on MCX due to profit-taking, despite positive global cues. March delivery slips 0.35%.
Photograph: Dado Ruvic/Reuters
New Delhi, Feb 18 (PTI) Crude oil prices edged lower by Rs 20 to Rs 5,662 per barrel in futures trade on Wednesday, despite firm global trends, as profit-taking by participants capped gains.
On the Multi Commodity Exchange, crude oil futures for March delivery slipped by Rs 20, or 0.35 per cent, to Rs 5,662 per barrel in a business turnover of 1,671 lots.
Analysts said the prices fell after participants offloaded their holdings amid weak demand in the spot market.
Globally, West Texas Intermediate crude oil was trading 0.27 per cent higher at USD 62.50 per barrel, while Brent Crude rose 0.34 per cent to USD 67.61 per barrel in New York. PTI DR DR ANU
ANU
On the Multi Commodity Exchange, crude oil futures for March delivery slipped by Rs 20, or 0.35 per cent, to Rs 5,662 per barrel in a business turnover of 1,671 lots.
Analysts said the prices fell after participants offloaded their holdings amid weak demand in the spot market.
Globally, West Texas Intermediate crude oil was trading 0.27 per cent higher at USD 62.50 per barrel, while Brent Crude rose 0.34 per cent to USD 67.61 per barrel in New York. PTI DR DR ANU
ANU
You May Like To Read
TODAY'S MOST TRADED COMPANIES
- Company Name
- Price
- Volume
- Sylph-Industries
- 0.90 (+ 3.45)
- 102709399
- Alstone-Textiles
- 0.14 ( 0.00)
- 41441006
- Supha-Pharmachem
- 0.47 (+ 4.44)
- 39831119
- Vodafone-Idea
- 9.58 ( -1.34)
- 33901609
- Spicejet
- 14.72 ( -2.00)
- 32817735
MORE NEWS
© 2026 Rediff.com India Limited. All rights reserved. Disclaimer - Terms of Service - Privacy Policy - Feedback