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Last Updated : Oct 10, 2019 01:17 PM IST | Source: PTI

Crude oil futures ease on low demand

Crude oil for delivery in October was trading lower by Rs 29, or 0.77 percent, to Rs 3,736 per barrel with a business volume of 16,902 lots on the MCX.


Crude oil futures fell 0.77 percent to Rs 3,736 per barrel on October 10 after speculators booked profits at existing levels amid subdued spot demand.

Crude oil for delivery in October was trading lower by Rs 29, or 0.77 percent, to Rs 3,736 per barrel with a business volume of 16,902 lots on the Multi Commodity Exchange (MCX).

The oil for delivery in November, however, was up by Rs 31, or 0.82 percent, to Rs 3,751 per barrel in 388 lots.

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Meanwhile, West Texas Intermediate was down by 0.27 percent at $52.45 per barrel, while the global benchmark Brent dipped 0.22 percent at $58.19.

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First Published on Oct 10, 2019 01:05 pm
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