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Crude Oil Futures Decline On Low Demand

Globally, West Texas Intermediate crude oil was trading 0.64 per cent up at USD 116.05 per barrel and Brent crude was 0.51 per cent higher at USD 119.11 per barrel in New York.

Crude oil futures on Thursday declined by 0.87 per cent to Rs 8,908 per barrel as participants trimmed their positions on low demand.

On the Multi Commodity Exchange, crude oil for July delivery fell by Rs 78 or 0.87 per cent to Rs 8,908 per barrel with a business volume of 4,492 lots.

Globally, West Texas Intermediate crude oil was trading 0.64 per cent up at USD 116.05 per barrel and Brent crude was 0.51 per cent higher at USD 119.11 per barrel in New York.

-With PTI Input

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