Crude oil futures decline on weak spot demand
pre-market1 source ↓written by the desknot a recommendation
- futures fell
- ₹40
- per barrel
- ₹5,074
- decline
- 0.78%
- traded
- 2,1930 lots
- WTI crude dropped
- 0.23%
Crude oil futures fell by ₹40 to ₹5,074 per barrel on the Multi Commodity Exchange as participants reduced their positions due to weak demand in the spot market. January delivery contracts saw a 0.78% decline with 2,1930 lots traded. Globally, WTI crude dropped 0.23% to USD 56.02 per barrel, while Brent crude decreased 0.25% to USD 59.67 per barrel.
Not investment advice. For informational purposes only.