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Brent crude trading at $75.80/bbl
image for illustrative purpose
Crude oil futures on Wednesday declined by 0.66 per cent to Rs5,900 per barrel as participants trimmed their positions on a low demand. Globally, West Texas Intermediate (WTI) crude oil was trading 0.61 per cent lower at $71.30 per barrel, while Brent crude was down 0.64 per cent to $75.80 per barrel in New York. On MCX, crude oil for June delivery fell Rs39 or 0.66 per cent to Rs5,900 per barrel with a business volume of 11,927 lots.