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Crude oil futures decline on low demand
Crude oil futures on Wednesday fell 1.09 per cent to Rs 4,629 per barrel as participants reduced their positions on low demand.
By
migrator
migrator
New Delhi
On the Multi Commodity Exchange, crude oil for March delivery eased by Rs 51, or 1.09 per cent, to Rs 4,629 per barrel with a business volume of 4,868 lots.
West Texas Intermediate crude oil was trading 0.95 per cent lower at USD 63.40 per barrel, while Brent crude was quoting 1.13 per cent down at USD 66.76 per barrel in New York.
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