Brent crude trading at $74.31/bbl

Crude oil futures declined by 0.85 per cent to Rs5,688 per barrel as participants trimmed their positions on low demand. Globally, West Texas Intermediate (WTI) crude oil was trading 0.27 per cent lower at $69.56 per barrel, and Brent crude slipped 0.18 per cent to $74.31 per barrel in New York. On MCX, crude oil for July delivery fell by Rs49 or 0.85 per cent to Rs5,688 per barrel with a business volume of 14,759 lots.