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    Crude oil futures decline on low demand

    On the Multi Commodity Exchange, crude oil for May delivery fell Rs 114 or 1.73 per cent to Rs 6,471 per barrel with a business volume of 11,948 lots

    PTI
    May 08, 2024 / 15:15 IST
    Crude oil futures decline on low demand

    Crude oil futures on Wednesday declined 1.73 per cent to Rs 6,471 per barrel as participants trimmed their positions on low demand.

    On the Multi Commodity Exchange, crude oil for May delivery fell Rs 114 or 1.73 per cent to Rs 6,471 per barrel with a business volume of 11,948 lots.

    Globally, West Texas Intermediate crude oil traded 1.38 per cent lower at USD 77.30 per barrel, while Brent crude was trading 1.27 per cent lower at USD 82.10 per barrel in New York. PTI SGC DR

     

    PTI
    first published: May 8, 2024 03:15 pm

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