Brent crude trading lower at $76.14/bbl

Crude oil futures declined 0.29 per cent to Rs6,128 per barrel as participants trimmed their positions on low demand.

On MCX, crude oil for August delivery fell Rs18 or 0.29 per cent to Rs6,128 per barrel with a business volume of 15,337 lots. Globally, West Texas Intermediate (WTI) crude oil traded 0.76 per cent lower at $72.96 per barrel, while Brent crude was trading 0.64 per cent down at $76.14 per barrel in New York.