Crude oil futures decline amid weak global cues
pre-market1 source ↓written by the desknot a recommendation
- futures fell
- ₹48
- per barrel
- ₹6,477
- with a turnover
- 0.74%
- a turnover
- 3,883 lots
- crude
- 1.11%
Crude oil futures fell by ₹48 to ₹6,477 per barrel on Thursday, reflecting weak global trends. On the Multi Commodity Exchange, futures for July delivery slipped 0.74% with a turnover of 3,883 lots. Analysts noted that participants offloaded holdings amid weak demand in the spot market.
Globally, West Texas Intermediate crude was down 1.11% at USD 67.84 per barrel, while Brent crude declined 1.09% to USD 70.79 per barrel.
Not investment advice. For informational purposes only.