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Brent crude trading lower at $90.03/bbl
image for illustrative purpose
Crude oil futures declined 1.44 per cent to Rs 7,341 per barrel as participants trimmed their positions on low demand.
On MCX, crude oil for October delivery fell Rs107 or 1.44 per cent to Rs7,341 per barrel with a business volume of 6,959 lots.
Globally, West Texas Intermediate (WTI) crude oil was trading 1.13 per cent lower at $88.22 per barrel, while Brent crude was marginally up at $90.03 per barrel in New York.