Brent crude trading lower at $73.76/bbl

Crude oil futures declined 1.11 per cent to Rs5,866 per barrel as participants trimmed their positions on low demand. Globally, West Texas Intermediate (WTI) crude was trading 0.09 per cent lower at $70.50 per barrel, while Brent crude was trading 0.71 per cent down at $73.76 per barrel in New York. On MCX, crude oil for November delivery fell Rs66 or 1.11 per cent to Rs5,866 per barrel with a business volume of 14,474 lots.