Crude oil futures decline on low demand
West Texas Intermediate crude oil was trading 0.29 per cent lower at USD 41.70 per barrel, while Brent crude was quoting 0.09 per cent higher at USD 44.38 per barrel in New York.
By PTI |
Crude oil futures on Thursday fell 1.18 per cent to Rs 3,087 per barrel as participants reduced their positions on low demand.
On the Multi Commodity Exchange, crude oil for November delivery eased by Rs 37, or 1.18 per cent, to Rs 3,087 per barrel with a business volume of 2208 lots.
Globally, West Texas Intermediate crude oil was trading 0.29 per cent lower at USD 41.70 per barrel, while Brent crude was quoting 0.09 per cent higher at USD 44.38 per barrel in New York.
On the Multi Commodity Exchange, crude oil for November delivery eased by Rs 37, or 1.18 per cent, to Rs 3,087 per barrel with a business volume of 2208 lots.
Globally, West Texas Intermediate crude oil was trading 0.29 per cent lower at USD 41.70 per barrel, while Brent crude was quoting 0.09 per cent higher at USD 44.38 per barrel in New York.
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