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Crude oil futures decline on low demand

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Energy 05 Feb 2024 02:33 PM IST PTI

Crude oil futures on Monday declined 0.25% to ₹6,015 per barrel as participants trimmed their positions on low demand.

On the Multi Commodity Exchange, crude oil for February delivery fell ₹15 or 0.25% to ₹6,015 per barrel with a business volume of 13,757 lots.

Globally, West Texas Intermediate crude oil traded 0.15% higher at $72.39 per barrel, while Brent crude was trading 0.30% down at $77.56 per barrel in New York.