Moneycontrol
Get App
Last Updated : Aug 14, 2019 01:27 PM IST | Source: PTI

Crude oil futures fall on weak global cues

Analysts said investor sentiment in crude futures market dampened after oil prices fell in global markets.

Crude oil futures dropped by Rs 21 to Rs 4,016 per barrel on August 14 as speculators cut bets amid weak global cues.

On Multi Commodity Exchange, crude for delivery in August contracts dropped by Rs 21, or 0.52 per cent, to Rs 4,016 per barrel in 21,899 lots.

Analysts said investor sentiment in crude futures market dampened after oil prices fell in global markets.

Close
The West Texas Intermediate crude fell 1.10 per cent to USD 56.47, Brent crude futures were trading 0.80 per cent lower at USD 60.81 per barrel.

Subscribe to Moneycontrol Pro and gain access to curated markets data, trading recommendations, equity analysis, investment ideas, insights from market gurus and much more. Get Moneycontrol PRO for 1 year at price of 3 months at 289. Use code FREEDOM.
First Published on Aug 14, 2019 01:19 pm
Loading...
Sections
Follow us on
Available On
PCI DSS Compliant