Crude oil futures drop on weak demand
pre-market1 source ↓written by the desknot a recommendation
- futures fell
- ₹69
- per barrel
- ₹5,372
- contracts declined
- 1.27%
Crude oil futures fell by ₹69 to ₹5,372 per barrel as traders reduced their positions due to weak spot demand. On the Multi Commodity Exchange, December delivery contracts declined by 1.27%. Globally, West Texas Intermediate and Brent Crude also saw decreases, trading at USD 60.48 and USD 64.29 respectively.
Not investment advice. For informational purposes only.