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Brent crude trading at $75.60/bbl
image for illustrative purpose
Crude oil futures declined 1.53 per cent to Rs5,852 per barrel as participants trimmed their positions on low demand.
Globally, West Texas Intermediate (WTI) crude oil traded 0.47 per cent lower at $70.05 per barrel, while Brent crude was trading down 0.38 per cent at $75.60 per barrel in New York. On MCX, crude oil for January delivery fell Rs91 or 1.53 per cent to Rs5,852 per barrel with a business volume of 14,758 lots.