Crude oil futures decline on low demand
West Texas Intermediate crude oil was trading 1.99 percent lower at USD 44.80 per barrel, while Brent crude was quoting 0.52 percent lower at USD 47.55 per barrel in New York.
By PTI |
Agencies
Crude oil futures fell marginally to Rs 3,321 per barrel on Friday, as participants cut their positions on low demand.
On the Multi Commodity Exchange, crude oil for the December delivery eased by Rs 3, or 0.09 per cent, to Rs 3,321 per barrel with a business volume of 3148 lots.
Globally, West Texas Intermediate crude oil was trading 1.99 per cent lower at USD 44.80 per barrel, while Brent crude was quoting 0.52 per cent lower at USD 47.55 per barrel in New York.
On the Multi Commodity Exchange, crude oil for the December delivery eased by Rs 3, or 0.09 per cent, to Rs 3,321 per barrel with a business volume of 3148 lots.
Globally, West Texas Intermediate crude oil was trading 1.99 per cent lower at USD 44.80 per barrel, while Brent crude was quoting 0.52 per cent lower at USD 47.55 per barrel in New York.
Too busy to trade in stocks? Invest in Mutual Funds with ET Money!
Bookmark or read stories offline -
Download ET Markets APP
Download ET Markets APP
ADVERTISEMENT
