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  Business   Market  09 Oct 2019  Crude oil futures ease on low demand

Crude oil futures ease on low demand

PTI
Published : Oct 9, 2019, 2:02 pm IST
Updated : Oct 9, 2019, 2:02 pm IST

The oil for delivery in November, however, was up by Re 1, or 0.03 per cent, to Rs 3,760 per barrel in 483 lots.

Crude oil for delivery in October was trading lower by Rs 5, or 0.13 per cent, to Rs 3,740 per barrel with.
 Crude oil for delivery in October was trading lower by Rs 5, or 0.13 per cent, to Rs 3,740 per barrel with.

New Delhi: Crude oil futures fell 0.13 per cent to Rs 3,740 per barrel on Wednesday after speculators booked profits at existing levels amid subdued spot demand.

Crude oil for delivery in October was trading lower by Rs 5, or 0.13 per cent, to Rs 3,740 per barrel with a business volume of 27,010 lots on the Multi Commodity Exchange (MCX).

 

The oil for delivery in November, however, was up by Re 1, or 0.03 per cent, to Rs 3,760 per barrel in 483 lots.

Meanwhile, the global benchmark Brent was down by 0.17 per cent at USD 58.14 per barrel, while West Texas Intermediate dipped 0.25 per cent at USD 52.50.

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