Crude oil futures decline on low demand

New Delhi, Sep 4 (PTI) Crude oil futures on Wednesday declined 1.29 per cent to Rs 5,811 per barrel as participants trimmed their positions on low demand.

On the Multi Commodity Exchange, crude oil for October delivery fell Rs 76 or 1.29 per cent to Rs 5,811 per barrel with a business volume of 5,210 lots.

Globally, West Texas Intermediate crude was trading 1.34 per cent up at USD 69.40 per barrel, while Brent crude was trading 1.14 per cent up at USD 72.91 per barrel in New York.