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  Business   Market  05 Nov 2019  Crude oil futures fall on low demand

Crude oil futures fall on low demand

PTI
Published : Nov 5, 2019, 3:02 pm IST
Updated : Nov 5, 2019, 3:02 pm IST

Crude oil for delivery in November was trading lower by Rs 46, or 0.14 percent, to Rs 4,004 per barrel in 27,004 lots.

The oil for delivery in December, too, shed Rs 44, or 1.08 per cent, to Rs 4,021 per barrel in 1,294 lots on the Multi Commodity Exchange.
 The oil for delivery in December, too, shed Rs 44, or 1.08 per cent, to Rs 4,021 per barrel in 1,294 lots on the Multi Commodity Exchange.

New Delhi: Crude oil futures on Tuesday fell 1.14 per cent to Rs 4,004 per barrel after speculators booked profits at existing levels amid subdued spot demand.

Crude oil for delivery in November was trading lower by Rs 46, or 0.14 percent, to Rs 4,004 per barrel in 27,004 lots on the Multi Commodity Exchange.

 

The oil for delivery in December, too, shed Rs 44, or 1.08 per cent, to Rs 4,021 per barrel in 1,294 lots.

However, West Texas Intermediate was trading 0.17 per cent up at USD 56.71 per barrel, while global benchmark Brent was trading higher by 0.39 per cent at USD 62.37 a barrel in New York.

Tags: crude oil, multi commodity exchange, brent crude, west texas intermediate
Location: India, Delhi, New Delhi