Crude Oil futures decline on low demand

New Delhi, Jun 16 (PTI) Crude oil futures on Friday declined by 0.57 per cent to Rs 5,802 per barrel as participants trimmed their positions on low demand.

On the Multi Commodity Exchange, crude oil for July delivery fell by Rs 33 or 0.57 per cent to Rs 5,802 per barrel with a business volume of 10,620 lots.

Globally, West Texas Intermediate crude oil was trading 0.16 per cent lower at USD 70.51 per barrel, and Brent crude was down by 0.09 per cent to USD 75.60 per barrel in New York.