Crude oil futures decline on low demand

Crude oil futures decline on low demand

New Delhi, Nov 16 (PTI) Crude oil futures on Thursday declined 1.71 per cent to Rs 6,314 per barrel as participants trimmed their positions on low demand.

On the Multi Commodity Exchange, crude oil for November delivery fell Rs 110 or 1.71 per cent to Rs 6,314 per barrel with a business volume of 10,219 lots.

Globally, West Texas Intermediate crude oil went lower by 0.91 per cent at USD 75.96 per barrel, while Brent crude was trading 0.86 per cent down at USD 80.8 per barrel in New York. PTI SGC SHW

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