Brent crude trading at $83.54/bbl

Crude oil futures on Wednesday declined by 0.25 per cent to Rs 6,513 per barrel as participants trimmed their positions on low demand. Globally, West Texas Intermediate (WTI) crude oil was trading 0.16 per cent lower at $79.50 per barrel, and Brent crude was down 0.12 per cent to $83.54 per barrel in New York. On MCX, crude oil for August delivery fell by Rs 16 or 0.25 per cent to Rs 6,513 per barrel with a business volume of 10,359 lots.