Crude oil futures decline on low demand

West Texas Intermediate crude oil was trading 0.36 per cent lower at USD 52.17 per barrel, while Brent crude was quoting 0.51 per cent down at USD 54.82 per barrel in New York.

Updated On Jan 18, 2021 at 02:40 PM IST

New Delhi: Crude oil futures on Monday fell by 0.13 per cent to Rs 3,820 per barrel as participants reduced their positions on low demand. On the Multi Commodity Exchange, crude oil for January delivery eased by Rs 5, or 0.13 per cent, to Rs 3,820 per barrel with a business volume of 1,715 lots.

West Texas Intermediate crude oil was trading 0.36 per cent lower at USD 52.17 per barrel, while Brent crude was quoting 0.51 per cent down at USD 54.82 per barrel in New York.