Crude oil futures decline on low demand

Globally, West Texas Intermediate crude oil was trading 0.24 per cent lower at USD 40.73 per barrel, while Brent crude was quoting 0.31 per cent lower at USD 42.49 per barrel in New York.

On the Multi Commodity Exchange, crude oil for November delivery eased by Rs 5, or 0.17 per cent, to Rs 3,013 per barrel with a business volume of 3,621 lots.
New Delhi: Crude oil futures on Tuesday fell by 0.17 per cent to Rs 3,013 per barrel as participants reduced their positions on low demand. On the Multi Commodity Exchange, crude oil for November delivery eased by Rs 5, or 0.17 per cent, to Rs 3,013 per barrel with a business volume of 3,621 lots.

Globally, West Texas Intermediate crude oil was trading 0.24 per cent lower at USD 40.73 per barrel, while Brent crude was quoting 0.31 per cent lower at USD 42.49 per barrel in New York.
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