Crude oil futures decline on low demand
New Delhi, Jul 19 (PTI) Crude oil futures on Friday declined 1.49 per cent to Rs 6,869 per barrel as participants trimmed their positions on low demand.
On the Multi Commodity Exchange, crude oil for July delivery fell Rs 104 or 1.49 per cent to Rs 6,869 per barrel with a business volume of 4,210 lots.
Globally, West Texas Intermediate crude oil traded 0.86 per cent lower at USD 82.11 per barrel, while Brent crude was trading 0.66 per cent down at USD 84.55 per barrel in New York.