Brent Crude Trading At $73.87/Bbl

Crude oil futures on Monday decreased Rs8 to Rs5,948 per barrel in futures trade as participants trimmed their positions on low demand. On the Multi Commodity Exchange, crude oil for November delivery traded lower by Rs8 or 0.13 per cent at Rs5,948 per barrel in 12,023 lots. Globally, West Texas Intermediate crude was trading 0.14 per cent lower at $70.28 per barrel, while Brent crude was trading flat at $73.87 per barrel in New York.