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27 Sep 2020, 11:26 HRS IST
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  • PTI
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  • Crude oil futures decline on low demand

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14:31 HRS IST

,

New Delhi, July 8 (PTI)
Crude oil futures on Wednesday dropped 0.56 per cent to Rs 3,046 per barrel as participants trimmed their positions on low demand.



On the Multi Commodity Exchange, crude oil for July delivery fell by Rs 17, or 0.56 per cent, to Rs 3,046 per barrel with a business volume of 5,109 lots.

Crude oil for August delivery was quoting lower by Rs 24, or 0.78 per cent, at Rs 3,061 per barrel with an open interest of 140 lots.

West Texas Intermediate crude oil was trading lower by 0.02 per cent at USD 40.61 per barrel.

However, Brent crude was trading 0.19 per cent up at USD 43.16 per barrel in New York.

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