Crude oil futures decline on low demand
NEW DELHI: Crude oil futures fell 0.74 per cent to Rs 4,710 per barrel on Tuesday as participants reduced their positions on low demand.
On the Multi Commodity Exchange, crude oil for March delivery eased by Rs 35, or 0.74 per cent, to Rs 4,710 per barrel with a business volume of 4,347 lots.
West Texas Intermediate crude oil was trading 0.73 per cent down at USD 64.91 per barrel, while Brent crude was quoting 0.75 per cent lower at USD 68.36 per barrel in New York.
