Brent crude trading lower at $80.8/bbl

Crude oil futures declined 1.71 per cent to Rs6,314 per barrel as participants trimmed their positions on low demand. Globally, West Texas Intermediate (WTI) crude oil went lower by 0.91 per cent at $75.96 per barrel, while Brent crude was trading 0.86 per cent down at $80.8 per barrel in New York. On MCX, crude oil for November delivery fell Rs 110 or 1.71 per cent to Rs 6,314 per barrel with a business volume of 10,219 lots.