Brent crude trading at $76.62/bbl

Crude oil prices declined Rs25 to Rs6,178 per barrel in futures trade as participants trimmed their positions on low demand. On MCX, crude oil for September delivery traded lower Rs25 or 0.4 per cent at Rs6,178 per barrel in 10,668 lots. Analysts said declining of bets by participants kept crude oil prices lower in futures trade. Globally, West Texas Intermediate (WTI) crude oil fell by 0.34 per cent to $73.30 per barrel, and Brent crude traded 0.40 per cent lower at $76.62 per barrel in New York.